Tron DAO X Account Hacker Made Off With an Estimated $45,000

A hacker who took over the Tron DAO X account is estimated to have made around $45,000 by improperly soliciting funds, according to a spokesperson from Tron.

Hackers are becoming increasingly sophisticated in their attempts to defraud unsuspecting members of the crypto community. In a recent interview with Cointelegraph, a spokesperson from Tron revealed that a hacker who took over the Tron DAO X account is estimated to have made around $45,000 from improperly solicited funds.

The Tron public relations team confirmed that on May 2, the Tron DAO account posted a contract address and sent direct messages to solicit payments in exchange for promotional advertising on the Tron account.

“Our security team quickly identified the intrusion and cut off access to the hacker, but we ask the community to continue to be vigilant. We will never ask anyone for payments like this via DM or otherwise,” the team said.

The team added that they are aware of a report by the New York Post that a new round of cryptocurrency scams on X, previously Twitter, began on May 3, after the outlet’s main account was hacked.

According to the report, the email newsletter Countertops had identified several suspicious activity reports on the same day, with a new variant of the BTC Generator scam also being spotted, and several other accounts, including Ben Armstrong’s, targeted in smaller scams.

The Tron team said that they are aware of the similarities between the two cases, and are currently investigating.

“There appear to be some similarities between the two cases, which is something we are aware of as our investigation continues. However, we feel any definitive connection would be premature.”

After regaining access, Tron DAO said in a May 2 X update that they suspect the hack resulted from a team member being “targeted in a malicious social engineering attack, which led to their account being compromised.”

“Even after the perpetrator was logged out and our access restored, they continued contacting others, offering posts from our main account in exchange for payment,” Tron DAO said.

The Tron team is still investigating and says they are in contact with law enforcement. Tron founder Justin Sun also accused crypto exchange OKX of failing to act on a law enforcement request to freeze stolen funds connected to the attack.

OKX founder and CEO Star Xu has publicly denied the allegation, and Sun has removed the original post with the accusation.

Curve Finance joins list of X account hacks

Decentralized lending protocol Curve Finance also recently suffered an X account takeover by a bad actor, adding to the growing list of high-profile firms and individuals “silently” accessed by social media hackers.

In a now-deleted May 5 X post, a scammer posing as Curve Finance shared a link to a CRV airdrop with a weeklong registration period, which some eagle-eyed X users suspected could be fraudulent.

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It is becoming increasingly common for hackers to target cryptocurrency users with scams, and in many cases, cryptocurrency exchanges are implicated in facilitating these scams.

Recently, a hacker who took over the Tron DAO X account is estimated to have made around $45,000 in improperly solicited funds, according to a spokesperson from Tron.

Speaking to Cointelegraph, the Tron public relations team confirmed that on May 2, the Tron DAO account posted a contract address and sent direct messages to solicit payments in exchange for promotional advertising on