Security

Tellor’s X Account Hacked, Posts Fake TRB Airdrop Links

The official X (formerly Twitter) account of crypto oracle Tellor was hacked on Friday, according to reports from PeckShield. This came as attackers reportedly posted phishing links for a fake token airdrop. According to PeckShield’s alerts, the “WeAreTellor” account was compromised and used to share malicious links.

#PeckShieldAlert Tellor’s X (formerly Twitter) account (@WeAreTellor) has been hacked pic.twitter.com/WwP9GSdMCe

— PeckShieldAlert (@PeckShieldAlert) November 3, 2023

The hackers published two posts on X, advertising a non-existent airdrop for Tellor’s native TRB token. The posts urged users to claim free TRB tokens through a phishing link.

The first post read, “The $TRB airdrop is live on an EVM chain near you…” It then directed users to a fraudulent tellor[.]co site mimicking the real Tellor URL.

A follow-up post doubled down, falsely claiming that “$75,000 claimed on our TRB airdrop” so far. It allegedly continued pushing the phishing link to steal funds.

According to CoinMarketCap data, the TRB token fell 3.75% from its 24-hour high following the X account takeover. The token was trading around $106 at press time, down from roughly $115 earlier.

The posts have not been deleted yet, and the account remains compromised at the time of writing. While Tellor works to restore the account, users are advised to avoid interacting with any links posted. The hackers may continue attempting to lure victims via phishing scams.

To avoid potential losses, users are advised to go directly to Tellor’s official site rather than clicking on any crypto giveaway promotions on social media.

High-profile X accounts across crypto remain prime targets for hackers, who use their legitimacy and reach to perpetrate schemes such as fake airdrops. One prime example is the KuCoin X hack that occurred in April. The breach allowed the hackers to promote a fraudulent scheme that resulted in the loss of 22,628 USDT.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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