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When a WeChat account is hacked, multiple insiders have already positioned themselves in advance for a related meme coin, Mubarakah.

2025.12.10 10:17:32

December 10th — Per GMGN monitoring (via GMGN), Binance co-CEO He Yi’s WeChat account was hacked, and Mubarakah-related content was reposted. As a result, Mubarakah’s market cap briefly topped $8 million, surging from $0.001 to $0.008. It has since fallen sharply, with its current market cap standing at ~$3.1 million and price at ~$0.003. Screenshots from multiple KOLs show Mubarakah began rising minutes before He Yi’s post, indicating insider trading-linked addresses had pre-positioned. BlockBeats reminds users: Meme coin trading is highly volatile, largely driven by market sentiment and hype, and lacks real value or use cases. Investors should exercise caution and be aware of risks.
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