The official X account of the Cuban authorities was reportedly concerned in an obvious rug-pull scheme linked to a Cuba-themed memecoin, sparking hypothesis that the nation was attempting to capitalize on the rising memecoin craze following Donald Trump’s current launch.
Nonetheless, proof suggests the incident was a results of hacking, as each the token’s value soared after which crashed, and the Cuban Ministry of Overseas Affairs’ social media posts appeared out of character.
Initially, the federal government account promoted the “Official Cuba Coin,” however after the coin’s speedy value improve, the account issued a message claiming, “We’re experiencing some difficulties with our X web page and are investigating the problem.” The publish was swiftly deleted, adopted by an eight-minute dwell audio stream titled “Sorry from $CUBA.”
In the course of the broadcast, the host apologized for the incident, claiming the account had been compromised. “Somebody had gotten into our account,” the host acknowledged, insisting, “This isn’t a rug pull.”
Nonetheless, the house took an surprising flip when the host excitedly shouted, “Right here we gooo, come on let’s go, 1,000,000 MC,” earlier than abruptly ending the session. Quickly after, one other hyperlink to a Solana-based Cuba-related crypto coin was posted, additional elevating suspicions about one other rip-off try. The account was ultimately locked to forestall additional exercise, leaving many to query the authenticity of the unique promotion.
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