Instagram of Dogecoin Mascot Kabosu Hacked to Promote Rug Pull
Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.
The Instagram account associated with Kabosu, the iconic Shiba Inu behind the iconic Doge meme and Dogecoin mascot, has reportedly been hacked to promote fraudulent meme coins.
Atsuko Sato, the owner of the famous Shiba Inu “Kabosu-chan”, disclosed the breach on her personal blog, revealing that the account, “kabosumama,” had been under attack with several unauthorized login attempts.
Despite having two-factor authentication enabled, the account was eventually compromised.
Sato warned her followers, urging them to ignore any suspicious direct messages that might seem to come from her. She also shared screenshots of the fraudulent messages in a follow-up blog post issuing a warning:
Don’t click “Like”! Be careful of DMs! Don’t click on links! I’m really sorry for the inconvenience.
Kabosumama’s Instagram hacker posted an image of a cat purported to be a “new family member,” dubbed “Kai.”
The now-deleted fraudulent post was captioned with the ticker of a meme coin launched on Pump.Fun in advance, $KAI, with the description “A new family member has joined us! His name is Kai.”
The scheme cleverly mimicked Sato’s recent real-life adoption of a Shiba Inu dog, “Neiro,” which has contributed to the rise of the $850 million market cap meme coin First Neiro On Ethereum ($NEIRO).
By leveraging her platform, the hacker aimed to entice victims into investing in the fraudulent scheme seeking similar returns. However, after a sharp rise investors were left fighting unrealized losses in a rug pull plummeting the token’s value down 95%.
The post also faked a
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