Cryptowire: Trezor X Account Security Breach
A recent security breach has impacted the crypto hardware wallet Trezor’s X account, raising concerns among its 528,000 followers. The breach, suspected to be a SIM-swap attack, led to the compromised account promoting a fake token sale. Although the fake ad post was eventually removed, it caused alarm within the community.
Details of the Security Breach
- The compromised account promoted a presale of “$TRZR” tokens on the Solana Network.
- Fraudulent messages shared links to “wallet drainer” contracts, posing a risk to users’ digital assets.
- Crypto sleuth ZachXBT and security firm Scam Sniffer were quick to identify the hack, preventing significant losses.
- The hackers also introduced a new memecoin named Slerf on the Solana blockchain.
Reactions and Impact
Crypto analyst John Holmquist criticized Trezor for the breach, highlighting the irony of a security company facing such a security lapse. The incident, which resulted in a theft of $8.1K from Trezor’s Zapper account, has raised concerns about the firm’s reputation.
Users on social media platforms, including Twitter, expressed disappointment in Trezor’s inability to secure its own account. The incident has led to questions about the overall safety of using Trezor hardware wallets.
One user, DigitalHustlerX, described the situation as “hard, funny, and shameful,” emphasizing the importance of practicing what one preaches in terms of security.
Ian is a cryptocurrency enthusiast blending humor with professionalism. With an engineering background and a storyteller's heart, he simplifies the blockchain world with sharp analysis and a touch of wit. At Cryptowire, he brings his unique perspective to make digital financial innovation accessible to all.
