Trezor X Account Hacked: How Much Was Taken In The Fake Crypto Presale?
March 20 2024 - 5:00PM
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In the late hours of Tuesday, Trezor’s X account was compromised.
The hacker used the hardware wallet company account to promote a
fake crypto presale with a malicious link attached. Members of the
crypto community quickly realized the suspicious activity from the
company and alerted other X users about the scam. Since then,
Trezor’s team has regained control of the account. Related Reading:
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Crashing? Crypto Community’s Solidarity, Hackers’ New Prey In the
now-deleted tweets, the hacker announced that Trezor was “willing
to support the $SLERF Community.” Taking advantage of the ongoing
efforts from crypto projects and exchanges to raise funds for the
affected participants of the Slerf presale debacle. Community
alert: Trezor X/Twitter account is currently compromised
pic.twitter.com/hNm2OUjEgE — ZachXBT (@zachxbt) March 19, 2024 The
unauthorized post offered the presale of a fake $TRZR token, which
required interested users to send SOL to the hacker’s address.
Additionally, Trezor supporters would receive a “separate bonus
airdrop” if they went to a website linked in the post. As it’s
customary for phishing scams, the link would redirect to a wallet
drainer that takes control of the person’s wallet after they try to
“claim the airdrop tokens.” The crypto community shared their
thoughts on the hack. A user pointed out that the security breach
was a “bad look” for the company as it focuses on crypto security.
Others thanked the users who warned about the hack since it
potentially saved them and others from falling for it. It’s worth
noting that many users have raised their concerns about the
community’s reaction to the Slerf presale drama. They consider that
raising funds for the participants affected sets a precedent of
“bailing out” bad actors and will only “enable” similar behavior.
Moreover, scammers have been trying to prey on the community’s good
faith to help potential victims and newcomers. As seen with the
Trezor hack, the scammer seemingly tried to maximize its gains by
utilizing the presale meta trend and the Slerf drama. “Dumb” Hacker
Or Smarter Community? Usually, the recounting of crypto hacks ends
with staggering figures being stolen, but for once, the tale is
different. As reported by ZachXBT, the hacker managed to steal
$8,100 from the unauthorized post, which includes the 25% drainer
fee. As part of the loot, the hacker also received a “whooping 0.96
Solana,” as another user pointed out. Many wondered if the small
amount stolen was due to the community intelligently recognizing
the scam or the hacker’s inability to perform a big heist. Whatever
the case, this is a remarkable feat as the cold wallet company
amasses over 200,000 followers that momentarily became potential
victims. pic.twitter.com/ItRLFhzSlE — 赤 – 紅色的 (@Ikuma_On) March 20,
2024 Despite this small victory for the community, “It’s $8.1K more
than 0,” as one user said. This raises the question of whether the
hack was possible due to a lack of proper security measures or an
inside job taking place. No official explanation has been given
yet. Nonetheless, Trezor acknowledged the hack in an X post earlier
today. 🚨 Alert 🚨 We experienced a security incident on our
X/Twitter account overnight, despite robust protections including a
strong password and 2FA. We continue to investigate. Please remain
vigilant and remember, Trezor will NEVER request funds or assets be
sent to any address.… — Trezor (@Trezor) March 20, 2024 The company
affirmed that the hack happened despite its “robust protections,”
including two-factor authentication (2FA). At the time of writing,
Trezor is continuing its investigation. The statement closed with a
message for all users to “remain vigilant.” Related Reading:
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Image from Unsplash.com, Chart from TradingView.com
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