The Sandbox CEO’s Twitter Hacked to Promote Crypto Scam

The Sandbox CEO’s Twitter Hacked to Promote Crypto ScamCredit: YAHOO!Finance

YAHOO!Finance

4 months ago

Arthur Madrid, the CEO of The Sandbox, a metaverse project, fell victim to a Twitter account hack on May 26. Madrid announced the incident in a post after recovering his account, warning users about a fake “airdrop” phishing scam.

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According to reports, the Twitter account of Sandbox CEO and co-founder Arthur Madrid was hacked on Tuesday and used to promote a cryptocurrency scam. The hackers used the account to send out tweets containing a link to a cryptocurrency giveaway, claiming that the Sandbox was giving away 1000 Ether (ETH) tokens. The tweets also asked users to send a certain amount of Ethereum in order to receive the free tokens. However, the link was actually a malicious website that was designed to steal users' cryptocurrency funds. Fortunately, Madrid was able to regain control of his account shortly after the hack and delete the scam tweets.

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