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News

Layer 2 Metis Take Back Control Of Their Official X (Twitter) Account

August 16, 2023 - Around 2 mins mins to read

Key Points:

  • MetisDAO announced that it had regained control of the project’s official Twitter account.
  • According to the investigation, the situation resulted from a Sim Swap attack that targeted key members of the industry.
  • Key Metis CEO Elena Sinelnikova revealed that the platform’s security was breached, which resulted in the dissemination of phishing links to over 150,000 followers.
The Layer 2 platform using Optimistic Rollup technology on Ethereum Metis announced that it has regained control of the official X (Twitter) account after being hacked and posting a fraudulent advertisement.
Layer 2 Metis Take Back Control Of Their Official Twitter Account

In today’s announcement, Metis said it has regained control of its X account and has taken appropriate security measures. This is a Sim Swap attack targeting key industry members.

Unfortunately, one of the team members fell victim to this coordinated operation, which resulted in the bad guy being able to take over the account in about 30 hours.

Yesterday, Metis used the company’s prominent X (formerly Twitter) account as the launchpad for a phishing campaign. However, soon the situation came to light when one of the key executives, Elena Sinelnikova, revealed that the platform’s security had been breached.

This resulted in the dissemination of phishing links to over 150,000 followers. However, no damage has been reported yet. Sinelnikova expressed urgency, asserting that X needs to suspend the compromised account until the team restores control quickly.

Metis is a Layer 2 that allows users to participate in Defi with low cost and extensive functionality. The protocol provides full support for use cases such as farming yield, DEX trading and powers the Gig economy through dApps that offer fast and cheap micropayments.

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