Tron and Curve Finance Accounts Hacked; $45K Stolen

Tron DAO and Curve Finance’s X accounts were compromised in May 2025, resulting in a $45,000 theft through social engineering tactics.

The incident highlights ongoing security vulnerabilities in cryptocurrency organizations and impacts community trust and market perception.

Tron and Curve Lose $45K in Social Engineering Attack

In early May 2025, both Tron DAO and Curve Finance reported their X accounts being hacked through a “malicious social engineering attack.” This scam primarily promoted a fake token airdrop. Justin Sun accused OKX of negligence regarding frozen funds. However, OKX CEO Star Xu denied this claim. Tron acted swiftly, limiting the financial impact to $45,000.

Crypto Community Urges Better Security Post $45K Hack

The hacks shook the crypto community, underlining the urgent need for higher security standards. There has been a call to strengthen defenses against similar social engineering threats. The financial loss, though relatively small, has caused significant reputational damage, potentially affecting user trust and the stability of the affected organizations. Justin Sun commented:

“Our security team quickly identified the intrusion and cut off access to the hacker, but we ask the community to continue to be vigilant. We will never ask anyone for payments like this via DM or otherwise.”

Links Between Recent Hacks and Past High-Profile Breaches

The incidents align with other high-profile crypto hacks like the Mt. Gox hack of 2014, which also significantly impacted the ecosystem’s credibility. Experts suggest that increased vigilance and preventative measures could mitigate future threats, considering the frequency and sophistication of such attacks.