The UFC's official Instagram account was hacked on Wednesday evening, with a strange post promoting a new cryptocurrency coin.
The UFC's official Instagram account was hacked on Wednesday evening, displaying a bizarre post promoting a new cryptocurrency coin.
The post, which read, "UFC fans have been waiting, and the moment is here. Get ready to own the legacy. Precision. Strength. All in one coin. #UFC #UnleashTheFight," also included a crypto wallet address.
The post remained live for over 30 minutes before being taken down.
In addition to the main post, an Instagram Story was uploaded that linked to a website where the fraudulent cryptocurrency could allegedly be purchased. This portion of the hack has also since been removed.
A UFC official quickly confirmed that the post was not legitimate.
The UFC's social media team is working to secure the account and prevent further fraudulent activity.
Cryptocurrency scams have been a growing issue, with Americans losing more than $5.6 billion to such scams in 2023 alone.
Meanwhile, Bitcoin (BTC), the world's largest cryptocurrency, recently reached an all-time high of $109,026.02 following U.S. President Donald Trump's announcement of plans to establish a U.S. Bitcoin strategic reserve.
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