DeFi Planet

Pseudonymous blockchain sleuth ZachXBT has alerted the crypto community about a suspected hack on Trezor’s account on X.

During the late hours of Tuesday, March 19, a set of fraudulent messages that promoted a false presale token offering for the $TRZR token on the Solana ecosystem was posted via Trezor’s account.

The hacker encouraged Trezor’s followers to transfer funds to a Solana wallet address, which contained links that redirected users to wallet drainers. Following this initial post, the hacker made additional posts mentioning $Slerf, a trending memecoin on Solana. This tactic appeared designed to boost engagement and draw unsuspecting users to the wallet drainer smart contracts. However, the posts were deleted shortly after they appeared online.

ZachXBT further noted that the hacker managed to steal about $8,100 from Trezor’s Zapper account. The incident was also flagged by Scam Sniffer, a web3 anti-scam platform, confirming the breach.

Though the hack’s potential impact in terms of stolen assets has not been fully determined, crypto security researcher Jon Holmquist characterized it as a “significant blow for a security firm.” Holmquist criticized Trezor for potentially neglecting to implement robust security measures like two-factor authentication (2FA) to safeguard its X account, emphasizing the critical importance of robust security protocols.

Established in 2012, Trezor has been a prominent provider of offline and cold-storage crypto wallets, boasting a user base of over two million units sold. However, this recent breach adds to a string of digital security incidents over the past year.

In January, the platform encountered a security breach connected to mailing systems. Its customers received an unauthorized email from one of its third-party email providers, impersonating Trezor, and the information of almost 66,000 customers was exposed as a result. Also, in March 2023, the security platform warned its users of a phishing hack aimed at redirecting them to a fake Trezor clone website.

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