A hacker allegedly gained control of crypto lending platform Frax Finance’s X social media account without accessing or tampering with existing passwords. But how?
Users reported that X takes roughly 72 hours to address complaints related to compromised accounts. The process involves raising a support request with a linked email address and going through a back-and-forth that involves submitting additional information as directed.While Elon Musk’s X suggests changing passwords during account compromises, Kazemian alleged that the passwords were not tampered with and asserted that no issues within Frax Finance could have contributed to the breach.
More than 48 hours after the hack, Frax Finance, Kazemian, or X representatives have provided no new updates regarding the account’s recovery. Consequently, the CEO’s recommendation to avoid all website links shared from the compromised X accounts remains in effect at the time of writing.
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