TRON’s Justin Sun called on OKX to freeze funds after the TRON DAO Twitter account was hacked on May 2, 2025, leading to fraudulent activities.
The hack underscores vulnerabilities in social media channels impacting crypto security, prompting immediate responses from exchanges like OKX to protect user assets.
TRON DAO Twitter Hack Prompts Immediate OKX Involvement
TRON DAO Twitter Hack Prompts Immediate OKX Involvement
On May 2, 2025, the TRON DAO Twitter account was hacked, resulting in fraudulent postings by unauthorized individuals. Stakeholders responded swiftly as funds were illicitly transferred through phishing schemes. Justin Sun immediately urged OKX to freeze the proceeds linked to the hacking incident. Claims surfaced as TRON DAO and OKX addressed potential avenues for law enforcement collaboration.
We urgently call on OKX to immediately freeze and investigate the fraudulent funds deposited following the illegal takeover of the @trondao Twitter account. We trust that OKX will act swiftly and responsibly, ensuring that its platform does not become a safe haven for scam proceeds. — Justin Sun, Founder, TRON
Fraudulent Activities Affect TRX Community Members
The attack targeted TRON community users, impacting TRX tokens. OKX awaits evidence before freezing. Applicability persists for exchange protocols managing security breaches. Historical data highlights frequent account hacks within the crypto sector, often triggering swift responses and fund freezes by exchanges. Security measures may intensify, reflecting past vulnerabilities and technological evolutions.
Expert Insights on Crypto Account Security Risks
Crypto projects often face phishing attacks, such as the one impacting the TRON DAO account. Similar past incidents have led to asset recovery efforts and increased platform scrutiny. Kanalcoin experts emphasize the effectiveness of early reporting and collaboration between exchanges and law enforcement to mitigate risks. Historical trends suggest enhanced security protocols may follow high-profile breaches.
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