Trezor’s Social Media Account Compromised in Security Breach

Trezor, a hardware wallet manufacturer, recently faced a security incident on its official social media account.

Suspicious posts promoting fraudulent presale token offerings, suspected to be the result of a SIM-swap attack, were shared by the account. Independent blockchain researcher ZachXBT alerted his followers, and Crypto security service Scam Sniffer also flagged the activity.

The posts advertised a fake presale token called ” $TRZR” on the Solana network, urging users to send funds to a specific Solana wallet address. Links included in the posts directed users to wallet drainers. Additionally, the hacker allegedly stole approximately $8,100 from Trezor’s Zapper account.

The incident sparked criticism from the crypto community, with users questioning Trezor’s security measures. Some pointed out the irony of a security-focused hardware wallet firm failing to secure its own social media account.

Despite attempts to remove the posts promptly, concerns about account security remain unresolved.

Trezor had previously experienced a security breach in January, which exposed the contact information of nearly 66,000 users. Despite these setbacks, Trezor remains a prominent player in the hardware wallet market, having sold over 2 million devices since its launch in 2012.

Author

Alexander Stefanov

Reporter at CoinsPress

Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.