Hackers have started using celebrities, such as Andy Ayrey, to promote fake cryptocurrencies, leading to financial losses for investors. Recently, Ayrey's hacked Twitter account was used to advertise the fake token $IB, allowing hackers to withdraw $602,500 in just one hour.
Such incidents are not uncommon. For example, Kim Kardashian and Floyd Mayweather promoted EthereumMax, which soon collapsed, while Tom Brady and Stephen Curry supported the FTX platform, which later went bankrupt, causing losses for investors.
These cases highlight the importance of verifying projects before investing. Investors should thoroughly review promotional claims and understand the principles of cryptocurrencies to avoid fraud.
