‘Magacoin’, The Pro-Trump Cryptocurrency, Exposes Details Of Users After Security Breach
A new pro-Trump cryptocurrency has leaked the email addresses and passwords of users after it was hacked.
The cryptocurrency is called ‘Magacoin’ – aka, ‘Make America Great Again Coin’.
According to the cryptocurrency’s website, “MAGACOIN was created by America First Conservatives out of frustration with “Losing the Election” and a desire to fight back by supporting MAGA candidates in 2022 and beyond.”
Magacoin are firm on the ‘stolen election’ line, writing that they have created 75 million Magacoins “to represent the 75 million voters who were disenfranchised on November 3rd, 2020.”
It should be noted that the quotation marks are “losing the election” are Magacoin’s, not B&T’s, and B&T refutes any claim that the 2020 US Presidential Election results were falsified or incorrect.
The cryptocurrency experienced a data leak in late July, leading to the identities of 1,000 new users being leaked.
According to The Guardian, from evidence provided by a ‘hacktivist’, the majority of the registered accounts have only the 100 Magacoins offered for free with sign up.
One of the names revealed to have Magacoin accounts was John Rush, a conservative radio host and media personality.
The Daily Dot reports that Magacoin LLC is registered in North Carolina with Reilly O’Neal, a political operative based in the state. O’Neill previously worked on the campaign of former Alabama Supreme Court chief justice Roy Moore, who has been accused of sexual misconduct against multiple teenage girls.
Donald Trump himself has yet to speak out about the cryptocurrency. In the past, he has been dismissive of the tech.
In June this year, he referred to Bitcoin as a “scam” which was “competing against the dollar”.
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