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TRON DAO X Account Security Breach Highlights Social Engineering Risks in Crypto

TRON DAO X Account Security Breach Highlights Social Engineering Risks in Crypto

Author:
TRX News
Published:
2025-05-03 17:37:55
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On May 2, 2025, the official TRON DAO X account was compromised in a social engineering attack, exposing vulnerabilities in human-centric security measures within the cryptocurrency ecosystem. The attacker manipulated a team member to gain access, subsequently posting a fraudulent contract address, sending direct messages, and following unrelated accounts. This incident underscores the persistent threat of social engineering in the crypto space, where human error often becomes the weakest link. Despite the breach, TRON’s underlying technology remains robust, and the community is urged to stay vigilant against such tactics. The event serves as a critical reminder for projects to enhance security protocols and educate team members on phishing and manipulation risks.

TRON DAO X Account Compromised in Social Engineering Attack

The official TRON DAO X account fell victim to a social engineering attack on May 2, 2025, compromising its security. An attacker gained access by manipulating a team member, then proceeded to post a fraudulent contract address, send direct messages, and follow unrelated accounts.

This breach underscores the persistent threat of social engineering in the cryptocurrency space, where human vulnerabilities often prove easier to exploit than technical ones. TRON DAO has initiated an investigation and pledged to strengthen its security protocols.

Justin Sun’s TRON Upgrade Sends TRX Price Soaring Despite Twitter Hack

TRON founder Justin Sun announced a major ecosystem upgrade on May 3, 2025, triggering a 7.2% price surge for TRX within the first hour. The cryptocurrency climbed from $0.122 to $0.130 as trading volumes spiked 43%, with 1.2 billion TRX changing hands across Binance, OKX, and KuCoin.

The bullish momentum coincided with a 15% increase in on-chain transaction volume, exceeding 5.8 million transactions by early afternoon according to TronScan data. market enthusiasm was tempered by a security breach of TRON DAO’s Twitter account, which attackers exploited to steal user funds.

TRON DAO’s Official X Account Compromised in Sophisticated Social Engineering Attack

TRON DAO’s official X account fell victim to a meticulously orchestrated social engineering attack on May 2nd, with hackers targeting a team member’s personal authentication processes. The breach allowed unauthorized access to administrative controls, enabling the attacker to post a suspicious smart contract address, send direct messages, and follow random accounts.

Despite TRON DAO management regaining control, the hacker persisted in sending messages and promoting offers through the compromised account. The incident highlights evolving security threats in the cryptocurrency space, particularly against blockchain organizations with high visibility.

|Square

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