Legendary American Band Falls Victim to Crypto Scam

The post Legendary American Band Falls Victim to Crypto Scam appeared first on Coinpedia Fintech News

America’s heavy metal band Metallica, which has 121 million album sales across 11 records, has fallen prey to crypto scammers. The X account of the legendary brand was compromised to promote a fake Solana-based meme coin with the Metal ticker. The compromised account announced that the token would be used for purchasing merchandise and gifts at Metallica events and online. It also introduced a staking feature for the token that would allow Metallica fans to earn rewards. The band became the target of crypto fraudsters after they released the ‘72 Seasons’ album.