Sandbox CEO’s Twitter Was Hacked To Advertise The “Airdrop” Scam – NewsTo
Sandbox CEO’s Twitter Was Hacked To Advertise The “Airdrop” Scam

Sandbox CEO’s Twitter Was Hacked To Advertise The “Airdrop” Scam

It now appears that the executive has regained access to his account.

Arthur Madrid, co-founder and CEO of the metaverse program The Sandbox, had his Twitter account hacked on May 26, according to a post he made after regaining access to his account. The attacker allegedly promoted a fake “airdrop” phishing scam using Madrid’s account.

Users of Sandbox were warned by Madrid in his post  to “never click on any link that promotes Airdrop or URL and look SCAMMY – and not 100% using our proper and unique URL/domain name:”

The Sandbox’s official Twitter account issued a similar alert four hours before Madrid’s post, saying that a scammer had taken over the account and was advertising “a scam/phishing link for a fake airdrop of SAND tokens.”

Sandbox CEO's Twitter Was Hacked To Advertise The "Airdrop" Scam

The report featured a screenshot of the allegedly fraudulent post, which promoted an airdrop of SAND tokens and urged users to “check eligibility and claim on the site,” directing them to a website with a different URL than the genuine one.

According to the Sandbox team, “working on getting the site down and fixing it ASAP.”

The suspected fraud website appears to have been removed as of 8:26 PM UTC because it is currently returning a 404 error.

The crypto community is increasingly dealing with phishing attacks. On May 19, a scam-as-a-service known as “Inferno Drainer” allegedly started recruiting website developers to build hundreds of these phishing scam sites on Telegram. It is said to have taken about $6 million from users before it was discovered.

According to a report published on April 15 by the cybersecurity company Kaspersky, the number of these attacks will have climbed by 40% from 2021 to 2022.

Read more:

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