On June 3rd, Frax Finance's X account was hacked. In order to regain control, Frax Finance CEO Sam Kazemian called on his fans to help contact the X Client Server.
Users reported that X took about 72 hours to process complaints related to the stolen accounts. While X staff recommended changing passwords during the account breach, Kazemian insisted that the passwords had not been tampered with and said it was unlikely that any problems within Frax Finance could have contributed to the breach. Instead, he suspected that X insiders were involved: "The breach of the Frax Finance X account appears to be an internal X work or social engineering incident as Frax itself did not reset passwords or other issues."
Frax CEO: The attack on the official X account was not an internal team issue or was related to internal X personnel
2024-06-03 07:47:05
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