The Instagram account belonging to Luca Netz, CEO of Pudgy Penguins, is hijacked and used to schill the fun tokens of the pump called $Igloo.
The Huck was flagged X by the self-proclaimed NFT Maxi “Jbond” just before 9:00 GMT on Wednesday, confirmed by the moment of Pudgy Penguins’ ecosystem growth associate “Becca.”
“PSA,” writes Jbond. “Your @lucanetz Instagram account could be hacked.”
They continued, “He posted about the new token $igloo representing the @iglooinc Treasury with an unpleasant CA address created via @PumpDotFun. This is not a move from the @pudgypenguins team. ”
“I advise you to be careful until we hear from the team.”
The original Instagram Story appears to have been removed, but another short video linking to another address is still online.
Despite the suspicious nature of the post (“If Luka releases the token, it’s not from the Pump Fan Links peers,” written by one X user), its market capitalization reached nearly $16,000 and its 24-hour volume reached nearly $72,000.

The $igloo token reached a market capitalization of nearly $16,000 at the time of writing.
Read more: Pudgy Penguins Penguins Pengu Token Crash crashes at launch along with NFT
This is a trial testing method for hackers, taking advantage of the control of your Instagram account.
In fact, in January, hackers tried to manage their official UFC Instagram accounts and sell fraudulent memo coins.
The post states, “UFC fans were waiting. There’s a moment. Get ready to own legacy. Accuracy. Strength. All in one coin.
The same was true for fraudulent codes. Advertised on UFC’s Instagram Stories.
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