Crypto Scammers Compromise OpenAI’s Press Account on X

Elijah Thornton

2024-09-24

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OpenAI’s official press account on X recently fell prey to sophisticated crypto scammers. The account, known as OpenAI Newsroom, was used to promote a fictional blockchain token named "$OPENAI." This alarming incident underscores a worrying trend of high-profile hacks aimed at stealing cryptocurrency from unsuspecting targets.

The scam unfolded late Monday afternoon when the compromised account announced the launch of $OPENAI, touting it as a bridge between artificial intelligence and blockchain technology. The post invited all OpenAI users to claim a share of the token's initial supply, dangling access to future beta programs as a lure. However, the entire scheme was a fabrication designed to trick users into revealing their cryptocurrency wallet credentials.

A phishing site, cunningly mimicking OpenAI’s genuine website, was linked in the fraudulent post. The site, replete with a prominent "CLAIM $OPENAI" button, lured victims into connecting their wallets. This setup was likely intended to siphon off users’ login details and digital assets. The scam was further masked by disabling comments on the post, making it less obvious to the casual observer.

Unfortunately, this isn't an isolated incident. In June 2023, OpenAI CTO Mira Murati’s account was hijacked to promote a similar fake token. Even more alarming, the accounts of other OpenAI luminaries, such as Jakub Pachocki and Jason Wei, were compromised just a few months ago. These recurring events suggest a targeted campaign against OpenAI, leveraging its reputation to ensnare more victims.

The scale of cryptocurrency scams keeps escalating, with Americans reportedly losing $5.6 billion in 2023 alone. This figure marks a staggering 45% increase from the previous year and shows no signs of dwindling. The first half of 2024 alone saw over 50,000 reported scams, costing nearly $2.5 billion. This disturbing trend emphasizes the critical need for heightened security measures within the digital landscape to protect consumers from future attacks.

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