Introduction
The CEO of The Sandbox, Sebastien Borget, had his Twitter account hacked on March 14th, 2021. The hacker used Borget’s account to promote an alleged airdrop scam, promising users free SAND tokens if they sent a small amount of cryptocurrency to a specific wallet address.
The Details
The hacker posted several tweets from Borget’s account, claiming that The Sandbox was giving away free SAND tokens as part of an airdrop. The tweets included a link to a website where users could supposedly claim their tokens by sending a small amount of cryptocurrency to a specific wallet address.
The website was a fake, and the wallet address belonged to the hacker. Several users fell for the scam and sent cryptocurrency to the wallet address, losing their funds in the process.
The Company’s Response
The Sandbox quickly responded to the incident, warning users not to fall for the scam and stating that they would never ask users to send cryptocurrency in exchange for tokens. The company also reported the incident to Twitter and is working with law enforcement to identify the hacker.
In a statement, The Sandbox said, “We take the security of our community very seriously and are doing everything we can to prevent incidents like this from happening in the future.”
Related:Attacker Hijacks Tornado Cash Governance via Malicious Proposal
Conclusion
The incident serves as a reminder of the importance of staying vigilant and cautious when it comes to cryptocurrency scams. Users should always verify the authenticity of any airdrop or giveaway before sending any cryptocurrency. The Sandbox is taking steps to prevent similar incidents from happening in the future, but it’s up to users to protect themselves from scams.
