OpenAI X Account Hacked to Promote Crypto Scam

3 mins
Updated by Daria Krasnova
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In Brief

  • OpenAI's X account hacked, promoting fake "OPENAI" tokens, targeting ChatGPT users via phishing links.
  • Incident marks the fifth hack in two years, exposing security flaws and lack of two-factor authentication.
  • Growing concerns over crypto scams, with $5.6 billion lost in 2023; FBI warns of rising attacks.
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OpenAI’s official press account on X was compromised. The exploiter promoted a crypto scam on the platform targeting ChatGPT users.

The incident marks the fifth attack in less than two years, reflecting how hackers continue to plague the industry.

OpenAI Press Account Compromised for Fake Crypto Project

Reports of the attack first appeared on X around 10:26 p.m. UTC on Monday, suggesting that hackers had compromised the OpenAI Newsroom account. AI developer and Grok builder Benjamin De Kraker confirmed the incident in a post.

“The official OpenAI Newsroom account has been hacked and is shilling fake shitcoins,” De Kraker wrote.

The hackers shilled fake “OPENAI” tokens on OpenAI’s press account. The bad actors advertised a suspicious phishing link for ChatGPT users, encouraging them to claim OPENAI, touted as a “bridge” between blockchain technology and AI.

Read more:  Crypto Scam Projects: How To Spot Fake Tokens

The phishing link posted by the hackers redirected users to a website flagged with a “suspected phishing” warning. On this site, potential victims had the option to “learn more” or bypass the warning and proceed. To further deceive users, the hackers captioned their message with, “Comments turned off due to malicious links. Good luck, all!” — a tactic aimed at preventing warnings from being shared.

To entice victims, the fraudulent posts claimed that users could claim a portion of the fake OPENAI token’s initial supply. They misleadingly suggested this would grant access to the company’s upcoming beta programs, adding a false sense of exclusivity.

OpenAI X Account Hack
OpenAI X Account Hack. Source: X (now deleted)

Neither OpenAI nor its CEO, Sam Altman, has publicly addressed the hack. They also did not respond to BeInCrypto’s request for comment regarding the incident. However, X has since removed the fraudulent posts promoting the phishing scam.

This breach follows another attack just a day earlier, targeting OpenAI researcher Jason Wei, further raising concerns about the security of high-profile accounts linked to the company.

“It’s pretty alarming when high-profile accounts like OpenAI’s get targeted by crypto scammers. To help prevent this, organizations should set up multi-factor authentication on their social media accounts, ideally using physical security keys instead of just SMS codes, which can be less secure. Regularly checking account activity and making sure employees know how to spot phishing attempts and other sneaky tactics is also super important,” DroppGroup Co-Founder and President Christopher Kelly told BeInCrypto.

This recent incident adds to a growing list of hacks targeting OpenAI’s social media accounts, marking the fourth attack since June 2023. Previous breaches include a June 2024 attack on the account of lead scientist Jakub Pachocki and a June 2023 hack of CTO Mira Murati’s account. All these incidents were used to promote fraudulent OPENAI tokens.

While it remains unclear if the same hackers are responsible, the recurring theme of promoting fake tokens raises questions about the organization’s security measures. A separate July 2023 hack on OpenAI’s internal forum exposed sensitive employee data and communications, further intensifying concerns.

Some attribute the vulnerabilities to X (formerly Twitter), referencing similar hacks on the accounts of companies like Apple and high-profile figures like Elon Musk, where hackers promoted Bitcoin scams.

Read more: Crypto Social Media Scams: How to Stay Safe

These breaches highlight the growing need for enhanced cybersecurity measures, as digital scams proliferate. In the past two years, victims have lost $79.1 billion to deep fake scams. The FBI also reported a sharp rise in crypto scams, with Americans losing $5.6 billion in 2023 — a 45% increase from the previous year.

“Now, with the rise of AI-generated deep fakes, spotting scams has gotten even trickier. Scammers might use a deep fake of a company executive or a trusted individual to trick you into sharing personal info or clicking on malicious links. To spot these, look out for subtle inconsistencies, like unnatural facial expressions, mismatched lip movements or odd lighting and shadows in videos. If a message or video seems out of character or too urgent, take a step back and verify it through another channel before taking any action,” Kelly added.

With over 57,000 scams already reported in the first half of 2024, losses have approached $2.5 billion, indicating that this year could be just as devastating.

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Lockridge Okoth
Lockridge Okoth is a journalist at BeInCrypto, focusing on prominent industry companies such as Coinbase, Binance, and Tether. He covers a wide range of topics, including regulatory developments in decentralized finance (DeFi), decentralized physical infrastructure networks (DePIN), real-world assets (RWA), GameFi, and cryptocurrencies. Previously, Lockridge conducted market analysis and technical assessments of digital assets, including Bitcoin and altcoins such as Arbitrum, Polkadot, and...
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