Crypto Catastrophe: SimpleX Chat’s X Account Hacked in Elaborate Scam
SimpleX Chat, a privacy-focused messaging platform, recently had its X account compromised in a scam targeting crypto wallets. The attack exploited X’s delegate feature, tricking users with a fake “Perpetuals Early Access” offer. SimpleX clarified it doesn’t offer crypto services and urged X to improve security around business account features.
Hot Take:
SimpleX Chat’s brush with a cunning crypto scam is a stark reminder that not every “connect wallet” button is your golden ticket to the blockchain Willy Wonka factory. When trust is a commodity scarcer than a unicorn’s horn, even the privacy-first pioneers have to dance with the devil in the digital pale moonlight!
Key Points:
- SimpleX Chat’s X account was hijacked in a bid to redirect users to a fake site.
- The attackers exploited X’s “delegate” feature to post a fraudulent message.
- Over 30 verified accounts were targeted to spread the scam.
- Despite the breach, SimpleX clarified its non-involvement with crypto services.
- SimpleX has called for stricter security measures on social platforms.
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