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Home/Crypto News
Crypto News

Official OpenAI’s X Account Hacked to Promote Fake $OPENAI Token

Author
Syed Ali Haider
Syed Ali Haider
Crypto Writer
Fact Checked by Joshua Downes
Last updated: September 24, 2024
Cryptocurrency trading is speculative and your capital is at risk when you trade. We may earn affiliate commissions from some of the products on this page - at no extra cost to you.
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Official OpenAI’s X Account Hacked to Promote Fake $OPENAI Token

Highlights:

  • Hackers gained access to OpenAI’s press account on X.
  • The hackers advertised a fraudulent “OPENAI” token through the official account.
  • This method mirrors past hacking incidents involving the company’s executives.

OpenAI’s official press account on X (formerly Twitter) was hacked late Monday. The hacker posted about a new fake token named $OPENAI and urged users to claim tokens by connecting their wallets to a phishing website. This attack marks the fourth reported hack related to OpenAI on X and at least the fifth cybersecurity incident since January 2023.

The incident was revealed when X users observed suspicious activity on the “OpenAI Newsroom” account around 10:26 PM UTC. Screenshots showed the account promoting OPENAI tokens, which it claimed would “bridge the gap” between AI and blockchain, enabling users to participate in future beta programs.

Grok developer Benjamin De Kraker noted:

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

The post contained errors, such as calling it “$OPEANAI” instead of “$OPENAI.” In reality, $OPENAI is nonexistent, and the phishing site used a misleading URL, “token-openai.com,” to deceive users into revealing their wallet credentials. The hackers wrote, “Comments disabled due to malicious links. Good luck all!” under the main post. This tactic is commonly used to prevent users from warning others about the hack.

The official OpenAI Newsroom account has been hacked and is shilling fake shitcoins. pic.twitter.com/hMYsHRWzs2

— Benjamin De Kraker 🏴‍☠️ (@BenjaminDEKR) September 23, 2024

Neither OpenAI nor CEO Sam Altman has addressed the alleged September 23 hack on their website or X. However, OpenAI’s official press account on X has removed all malicious posts.

OpenAI Faces Backlash Over Multiple Security Breaches

This marks the fourth hack on an OpenAI-affiliated X account since June 2023. Previous victims include the company’s researcher Jason Wei (hacked on September 22), CTO Mira Murati (June 2023), and Chief Scientist Jakub Pachocki (June 2024). Each attack promoted the same token.

Furthermore, in early 2023, another hacker breached OpenAI’s internal forum, gaining access to sensitive employee data and confidential communications. While the attack didn’t affect core systems, the repeated breaches have sparked criticism.

Tanishq Mathew Abraham, PhD, and CEO of the Medical AI Research Center, encouraged OpenAI employees to adopt stronger security measures, such as two-factor authentication.

OpenAI employees should probably check their scheduled posts on X to make sure there isn't one in there waiting to send.

And change their passwords.

And log in using 2FA with an Authenticator App, not SMS. pic.twitter.com/eUMCf98K35

— Smoke-away (@SmokeAwayyy) September 23, 2024

Rising Cryptocurrency Scams Lead to Billions in Losses Globally and in the U.S.

In recent years, numerous well-known X accounts belonging to tech companies and celebrities have been targeted to promote cryptocurrency scams. One of the most notorious incidents occurred in 2020 when hackers compromised the accounts of Apple, Elon Musk, and Joe Biden. They posted a BTC wallet address along with a fraudulent claim that any funds sent to the address would be doubled and returned to the sender.

Cryptocurrency scams are becoming more prevalent, with Americans losing billions across the country. Scammers typically request cryptocurrency transfers, which are difficult to trace once sent, particularly to countries that do not cooperate with U.S. law enforcement.

Blockchain security firm CertiK reported that cryptocurrency scams in 2024 have resulted in significant losses, amounting to billions globally. The FBI revealed that in 2023, Americans alone lost $5.6 billion to crypto-related scams, expected to increase in 2024.

Tags

$OPENAI TokenHackOpenAI’s X
Syed Ali Haider
Author

Syed Ali Haider

Syed Ali Haider is a contributing crypto writer for Crypto2Community. He is a crypto and blockchain journalist with over six years of experience. Syed Ali is a Blockchain enthusiast and writer passionate about enhancing the acceptance, adoption, and integration of Blockchain technology worldwide. He has also advocated for digital freedom and cybersecurity for many years. Haider has been featured in a number of high-profile crypto and finance outlets, including Coincult and more.

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