Hackers who seized control of the official McDonald’s Instagram account on Wednesday (Aug, 21) to promote and ‘rug pull’ a memecoin called ‘Grimace’, claimed they made off with over $700,000.
Screenshots shared across X show the fast food giant’s Insta page posting an image of their purple mascot, Grimace, and pushing McDonald’s 5.1 million followers to purchase a scam coin called GRIMACE.
After the attack, the scammers then changed the bio on the account to read: “Sorry mah n**ga...