Hackers took over the X account of former Malaysian Prime Minister Mahathir Mohamad to promote a fraudulent meme coin, stealing $1.7 million. This scam is part of a larger trend of fake political meme coins, following the TRUMP token rug pull that scammed investors out of $857 million. The rise of such scams comes alongside a 2000% increase in Telegram phishing attacks and reports of…
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