As cryptocurrency gains hordes of followers every day, an ever-increasing number of people are willing to jump on the bandwagon to make a quick buck. However, since a vast majority of people have little to no knowledge of cryptocurrency, phishing scams are also on the rise. While most phishing scams are easy to spot, a few well-disguised ones manage to fly under the radar.
Buzzfeed News further reveals that the scammers were able to take over the account of a company called LiteracyBridge and changed its appearance to match that of Tronfoundation’s account. Additionally, LiteracyBridge wasn’t the only account compromised. The scammers hijacked another verified account of a user named @adaxnik and re-purposed it to look like the account of Tron’s founder Justin Sun. As of now, both the accounts have been taken down.