TRON network confirmed a breach of its account on platform X linked to a social engineering attack. As a result, user contacts were compromised.
Details of the TRON Account Breach
TRON network reported a breach of its account on platform X, attributing it to a social engineering attack. The TRON team regained control of the account and urged users to ignore and delete any messages received from their account on May 2.
According to the statement, hackers used the account to promote a contract address and sent direct messages to multiple users. The team noted that an investigation into the incident has already been launched, and they identified several addresses allegedly connected to the perpetrators.
Participants' Statements on Freezing Funds
TRON founder and crypto entrepreneur Justin Sun asked centralized exchange OKX to freeze funds connected to the address linked to the hack. He noted that hackers transferred stolen funds to the exchange wallet. However, OKX CEO Star Xu debunked Sun's claims, stating that the exchange had not received any official requests for a freeze. He further asked Sun to provide a screenshot of the request from law enforcement.
Positive Developments in the TRON Network
Outside of the recent breach, TRON is actually in a positive trend. The network recently released a new version of its Kant mainnet upgrade, improving compatibility with Ethereum and enhancing network security. This upgrade made internal changes to the network, making it more efficient. TRON also reached an important milestone, achieving 304 million addresses, and in April ranked first in fees generated among all blockchains.
The incident involving the TRON account breach and subsequent recovery efforts highlights the importance of security in the cryptocurrency world. Meanwhile, the network continues to show positive dynamics and activity.
