Rather than exploiting code, the attackers reportedly gained access by targeting a TRON team member, tricking them into handing over credentials. Once inside, the perpetrators used the compromised account to publish a fraudulent smart contract and began sending deceptive direct messages to followers. The account also started following unrelated profiles—likely in an attempt to obscure their activities or add legitimacy.
Soon after the breach, reports surfaced of users losing assets after interacting with the malicious links. The stolen funds were allegedly funneled into wallets on the OKX exchange, prompting TRON founder Justin Sun to call for swift action.
He urged OKX to freeze the associated accounts and assist in tracking the funds, stressing that law enforcement had already been notified and that an investigation was underway.
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OKX CEO Star Xu responded by reaffirming the platform’s stance on regulatory compliance. While he confirmed a willingness to help, Xu made clear that any account freeze would require proper documentation from authorities—not just a public callout on social media. He also emphasized that customer protections must follow legal standards to avoid wrongful action.
This incident reflects the persistent threat of social engineering in the crypto space, where attackers exploit trust and human error rather than technical vulnerabilities. It also highlights the growing importance of cross-platform cooperation in combating digital fraud and recovering stolen funds.
The post TRON Team Targeted in X Account Takeover – Sun Demands OKX Freeze Assets appeared first on Coindoo.