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TRON Founder Urges OKX to Freeze Funds After Twitter Hack

Coin WorldSaturday, May 3, 2025 5:45 am ET

1min read

Justin sun, the founder of the TRON blockchain, has called on the cryptocurrency exchange OKX to freeze and investigate funds that were deposited after an illegal takeover of the TRON DAO Twitter account. The incident involved unauthorized access to the TRON DAO Twitter account, which was used to post fraudulent messages. These messages directed users to deposit funds into a specified wallet address, which was later identified as belonging to the attackers.

Sun's call to action comes as a response to the growing concern over the security of cryptocurrency assets and the increasing sophistication of cyber attacks targeting blockchain projects. The illegal takeover of the TRON DAO Twitter account highlights the vulnerabilities that exist within the cryptocurrency ecosystem, particularly when it comes to social media platforms that are often used to communicate with users and promote projects.

In his statement, Sun emphasized the importance of taking swift action to protect users' funds and prevent further losses. He urged OKX to freeze the funds deposited into the specified wallet address and conduct a thorough investigation to identify the individuals responsible for the attack. Sun also called on other exchanges and platforms to enhance their security measures and work together to combat cyber threats.

The incident serves as a reminder of the need for increased vigilance and security within the cryptocurrency industry. As blockchain projects continue to gain popularity and attract more users, they also become more attractive targets for cyber criminals. It is essential for projects to implement robust security measures and for users to remain cautious and vigilant when interacting with online platforms and social media accounts.

Sun's call to action has been met with support from the cryptocurrency community, with many users and projects expressing their solidarity and calling for stronger security measures. The incident also highlights the importance of collaboration and cooperation within the industry, as well as the need for continued innovation and development of new security technologies to protect users' assets and maintain the integrity of the blockchain ecosystem.

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