Crypto Scammers Hijack UK MP’s Account for Hilarious Token Shenanigans!

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Oh, what a jolly old ruckus! Cryptocurrency tricksters have pulled off a right cheeky caper by snatching the X account of none other than UK MP Lucy Powell! They decided to prance about promoting a dodgy little token, all while unsuspecting traders were left scratching their heads. 🧐

On the 15th of April, our dear Lucy, the Leader of the House of Commons, seemed to be cheerfully endorsing a Solana-based cryptocurrency called the House of Commons Coin. “A community-driven digital currency!” they chirped, as if it were the latest flavor of ice cream! 🍦 They even directed her followers to jump on the bandwagon and buy in. What a splendid idea! Or was it? 🤔

🚨 NEW: Leader of the House of Commons, Labour MP Lucy Powell, has been hacked

— Politics UK (@PolitlcsUK) April 15, 2025

But wait! A staff member from Lucy’s team soon confirmed to the BBC that her account had been compromised. They scrambled like ants at a picnic to lock it down and erase those pesky misleading posts. 🐜

Despite the grand attempt to create a hullabaloo around the launch, the HOC token barely made a splash—more like a tiny plop in a vast ocean! 🌊 Data from DEX Screener revealed it peaked at a market cap of just over $24,000, with a mere 736 transactions and a total trading volume of about $71,000. As of now, it’s sitting pretty at a market cap of approximately $3,800. Quite the flop, eh? 🎭

Now, Lucy isn’t known for her crypto endorsements, but she’s not alone in this wild world of digital shenanigans. Just last month, Ghana’s President John Dramani Mahama had his account hijacked for two days to promote a scam called Solanafrica. And in January, Cuba’s Ministry of Foreign Affairs found itself in a pickle after its account appeared to promote “CUBA,” which briefly soared to a $30 million market cap before crashing down like a lead balloon! 🎈

And let’s not forget about American entrepreneur and politician Vivek Ramasawamy, who fell victim to a similar trickery. His account was used to announce a fake partnership between the U.S. Department of Government Efficiency and a stablecoin called USUAL. Quite the mouthful, isn’t it? 😅

Meanwhile, in Argentina, President Javier Milei found himself in a right pickle over a token called LIBRA. He briefly promoted it on X back on February 14, sending the token soaring over 3,000%! But just hours later, it crashed by 90% after he deleted the post and claimed he didn’t know much about it. Talk about a rollercoaster ride! 🎢

But wait, there’s more! Investigations suggested that a group of insiders, including Kelsier Ventures, may have rigged the launch by controlling token access and liquidity. This crafty maneuver reportedly allowed them to bag over $110 million! Now that’s what I call a heist worthy of a storybook! 💰

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2025-04-16 09:50