Report: Hackers Seized McDonald's Instagram Account for ‘Rug Pull' Scam

McDonald’s reportedly suffered a hack of its Instagram account Wednesday (Aug. 21), with the hackers claiming they used the fast-food giant’s account to promote a fake cryptocurrency that they dubbed “GRIMACE” and pocket $700,000 from the scam.The hackers’ posts were later deleted, the New York Post reported Wednesday.McDonald’s did not immediately reply to PYMNTS’ request for comment, which was emailed outside business hours.In a statement provided to the New York Post, the company said it was aware of an ...