The firm behind the Trezor hardware wallet, SatoshiLabs, has clarified that a phishing attempt, not a SIM swap, was the reason behind the recent hack of their X account. They emphasized that the wallets and funds of every user are safe.
During the several-week-long attacks, the hackers created a false cryptocurrencycurrency, interacted with the community, and contacted Trezor to speak with the CEO. The X account was hijacked after a team member clicked on a fraudulent link that looked to be a Calendly invitation.
Scam Sniffer, a cryptocurrencycurrency security business, later detected these wrongdoings and swiftly warned traders to exercise cautious.
Despite the 2FA bypassing breach, Trezor’s hardware wallets and other products remain secure, according to the company. Investigations into the offenders are ongoing, and the fake posts have been removed.
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