Trezor’s X Account Hacked to Promote Crypto Scams

Hackers took over Trezor’s official social media channel to promote pretend token saless.

A significant safety breach hit cryptocurrency {hardware} pockets agency Trezor on March nineteenth, when its official X social media account was hacked in a suspected SIM-swap assault. The compromised account started selling an elaborate crypto rip-off promoting pretend token presales.

The incident first got here to gentle when blockchain investigator ZachXBT sounded the alarm to his 528,000 followers, revealing that Trezor’s account had began shilling a fraudulent “$TRZR” token presale on the Solana blockchain. Crypto safety agency Rip-off Sniffer additionally quickly flagged the exercise as nefarious.

The promotional posts instructed customers to ship funds to an unauthorized Solana pockets handle managed by the attackers. In addition they shared hyperlinks to “pockets drainer” contracts designed to siphon digital property from anybody who interacted with them.

Aiming to drive extra engagement, the hackers even namedropped “Slerf” – a memecoin undertaking on Solana’s community.

The incident represents a serious reputational blow for the security-centric agency, which has bought over 2 million {hardware} wallets worldwide since its 2012 founding.

Outstanding crypto analyst John Holmquist slammed Trezor, stating “Good time to say you should utilize a Trezor as a safety key for 2FA to safe your Twitter account?” suggesting a scarcity of safety like two-factor authentication enabled the breach.

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