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Interesting article.

A few hours back, I was spammed with ig.me links insisting I click it to check it out.

I did not have the opportunity to visit the link, but it appears to be related to belong to some Instagram password reset flow.

[parable]

I suggest you try signing into your Instagram account via the app or website to check if you've been compromised. It could very well be a bot trying to obtain your recovery method hints but you could've also fallen victim to this exploit, especially if you have a short or valuable username.