Frax CEO: The hack of the official X account was not an internal problem of the team, but may be related to X internal personnel
Frax Finance's X account has been hacked. To regain control, Frax Finance CEO Sam Kazemian is calling on his fans to help contact X customer service.Users reported that it took X about 72 hours to address complaints related to the stolen account. While X staff recommended changing passwords during the account breach, Kazemian insisted that passwords were not tampered with and that any internal issues at Frax Finance could not have caused the breach. Instead, he suspects that internal personnel at X were involved: "Frax Finance's X account was hacked, seemingly from an inside job or social engineering event at X, as Frax itself did not reset passwords or have any other issues."
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