Trezor, a well-known hardware wallet manufacturer, has recently faced a concerning incident involving fraudulent presale token offerings. The official Trezor account on X, a popular platform, published a series of suspicious posts that raised suspicions of a SIM-swap attack. ZachXBT, an independent blockchain expert, was quick to notify his large following of this breach on March 19. Shortly after, the crypto security service, Scam Sniffer, also flagged the suspicious activity.
The posts from the official Trezor account promoted a fake presale token called “$TRZR” on the Solana networks. Users were urged to send funds to a Solana wallet address and were directed to links that led to wallet drainers. This deceptive tactic was met with swift action, as many of the posts were removed within minutes.
In addition to the fraudulent token offerings, ZachXBT discovered that the hacker had managed to steal around $8,100 from Trezor’s Zapper account. This theft further highlighted the severity of the breach. The hacker’s audacity to target Trezor’s account only to steal a relatively small amount of money was met with both shock and amusement from the community.
The posts also mentioned a new memecoin called Slerf on Solana, which was likely used to generate more engagement. However, the majority of these posts were promptly taken down.
Crypto commentator John Holmquist, a user of X, expressed his disappointment in Trezor’s handling of the situation. He criticized the hardware wallet manufacturer for not implementing two-factor authentication (2FA) to secure its X account. Holmquist emphasized the need for stronger account security measures.
Other users, such as Pledditor, found irony in the fact that a security-focused hardware wallet company couldn’t safeguard its own social media account. DigitalHustlerX added that it was both funny and shameful that Trezor didn’t follow its own advice.
Cointelegraph reached out to SatoshiLabs, the company behind Trezor, for comment but did not receive an immediate response.
This incident is not the first security breach Trezor has faced. In January, the company experienced a breach that exposed the contact information of approximately 66,000 users. Despite these setbacks, Trezor remains a popular choice for customers, having sold over 2 million hardware wallets since its launch in 2012. The company currently offers three products that can securely store over 9,000 coins offline for users.
Overall, this incident serves as a reminder for individuals and companies to prioritize account security and take necessary precautions to protect against potential attacks.