On May 2, 2025, TRON DAO's X account was hacked, highlighting vulnerabilities in cryptocurrency security.
TRON DAO Account Hacked
According to TRON DAO, their X account was compromised on May 2, 2025, at 9:25 a.m. PST. An unauthorized party posted a contract address and sent direct messages, including following unknown accounts. The organization reported that a malicious social engineering attack targeted a team member's account.
Community Reaction to the Incident
Community frustration has grown following the incident. TRON DAO alerted its users and urged them to delete any messages received on May 2, warning of potential scams. The organization is actively collaborating with law enforcement to identify those responsible.
Market Impact and Cybersecurity Concerns
The incident underscores the ongoing vulnerability of crypto assets to social engineering attacks, raising concerns about security measures in the digital currency landscape. According to CoinMarketCap, TRON (TRX) is currently valued at $0.25, with a market cap of $23.55 billion.
The TRON DAO account hack serves as a reminder of the necessity to strengthen security protocols in the cryptocurrency space and protect user assets.
