Frax Finance founder: The team has regained ownership of the official X account, and the account theft is an internal X incident
Sam Kazemian, founder of Frax Finance, posted on the X platform that the team has regained ownership of the official X account of Frax Finance. He added that at this time, as far as we know, the incident occurred inside Twitter/X, and a Client Server representative bypassed the account's 2FA setting and reset the email to another address entirely on its own. The Frax party has not been hacked or had problems with the account. This is purely an internal incident of X, which is all we know so far, and will be informed if we learn more from the investigation.
Previously, on June 1, Sam Kazemian said on X that the official X account of Frax had been stolen, and users were asked not to click on any links.