Would you like to receive notifications on latest updates of the following headlines?

Cryptocurrency scammers hack OpenAI's official account

POSTED ON September 24, 2024 •   Technology      BY Abiodun Saheed Omodara
OpenAI ChatGPT l Credit: ambusinessng

OpenAI’s official press account on X has reportedly been compromised by cryptocurrency scammers, mirroring previous incidents involving the company’s leadership.

On Monday afternoon, OpenAI Newsroom, a newly created account intended for product and policy announcements, posted about a fictitious OpenAI-branded blockchain token called “$OPENAI.” The post misleadingly claimed, “We’re very happy to announce $OPENAI: the gap between AI and blockchain technology.

All OpenAI users are eligible to claim a piece of $OPENAI’s initial supply. Holding $OPENAI will grant access to all of our future beta programs.”

However, the $OPENAI token does not exist, and the post included a link to a phishing site designed to imitate the legitimate OpenAI website, featuring the suspicious URL “token-openai.com.” A prominent “CLAIM $OPENAI” button on the fake site urged users to connect their cryptocurrency wallets, likely aiming to steal login credentials.

As of publication, both the phishing post and site remained active, along with a repost promising more information about the token later in the week. Notably, comments on the malicious post were disabled, obscuring the nature of the hack.

This is not the first instance of OpenAI accounts being exploited for phishing schemes. In June 2023, a similar incident occurred involving OpenAI CTO Mira Murati’s account, which also promoted the non-existent $OPENAI token. More recently, in June, the accounts of OpenAI chief scientist Jakub Pachocki and researcher Jason Wei were hacked to publish identical scam messages.

Scammers have employed various tactics, such as using “crypto drainer” tools to siphon NFTs and tokens from victims’ wallets upon signing into fake sites. High-profile accounts from tech companies and celebrities have frequently fallen prey to these scams, including a notable 2020 incident where accounts belonging to Apple, Elon Musk, and Joe Biden were hacked to promote a bitcoin scam.

According to the FBI, Americans lost $5.6 billion to cryptocurrency scams in 2023, marking a 45% increase from the previous year. The FTC reports over 50,000 scams in the first half of 2024, costing consumers nearly $2.5 billion, suggesting that this trend may continue to escalate.

 

0
READ ALSO
FG Unveils Project CNG-SPROUT to Revolutionize Campus Transport with Clean Energy
BY Abiodun Saheed Omodara May 30, 2025 0

The federal government has launched a transportation initiative called "Project CNG-SPROUT," designe...

READ ALSO
Agro Alliance Takes Top Honors at Hack4Livestock with IoT Solution for Cattle Intrusions
BY Abiodun Saheed Omodara May 24, 2025 0

ABUJA, Nigeria - The Ministry of Livestock Development has announced its intention to empower 1,000...

READ ALSO
INEC Launches AI Division to Enhance Electoral Processes, Address Challenges
BY Abiodun Saheed Omodara May 23, 2025 0

ABUJA, Nigeria - The Independent National Electoral Commission (INEC) has sanctioned the establishme...

READ ALSO
Legal Obligations Remain Despite Threats to Exit Nigeria, FCCPC Rebukes Meta Platforms
BY Abiodun Saheed Omodara May 3, 2025 0

The Federal Government, through its Competition and Consumer Protection Commission (FCCPC), has crit...

READ ALSO
Digital Inequality in Africa: High costs, infrastructure gaps leave millions offline
BY Abiodun Saheed Omodara April 21, 2025 0

Despite significant investments in Nigeria and various regions of Africa, only 38 percent of the pop...

READ ALSO
CBEX unregistered digital assets exchange in Nigeria, SEC warns of investment risks
BY Abiodun Saheed Omodara April 19, 2025 0

The Securities and Exchange Commission (SEC) has announced that Crypto Bridge Exchange, also referre...

READ ALSO
NDPC launches initiative to combat cyberbullying, financial fraud through data protection
BY Abiodun Saheed Omodara April 7, 2025 0

The National Data Protection Commission (NDPC) on Monday reiterated its dedication to enhancing data...

READ ALSO
UNCTAD highlights risks of AI disparities as market approaches $4.8trn
BY Abiodun Saheed Omodara April 7, 2025 0

The widespread adoption of artificial intelligence (AI) worldwide, along with the emergence of new t...

OUR CHANNELS:

FULL TEXT: President Tinubu’s second-year anniversary speech
BY Abiodun Saheed Omodara May 30, 2025 0

Fellow Nigerians, as we mark the second anniversary of our administration, I salute your resilience...


Former CBN Governor Seeks to Overturn Forfeiture of Abuja Estate
BY Abiodun Saheed Omodara May 30, 2025 0

ABUJA, Nigeria - Former Governor of the Central Bank of Nigeria, Godwin Emefiele, has filed a petiti...


MAY 29: Fubara Reaffirms Commitment to Rivers State Amid Political Turmoil
BY Abiodun Saheed Omodara May 29, 2025 0

RIVERS, Nigeria - Suspended Rivers State Governor, Siminalayi Fubara, has reaffirmed his commitment...


South Africa Surpasses Nigeria in Fuel Imports Amid Dangote Refinery Operations
BY Abiodun Saheed Omodara May 30, 2025 0

Nigeria has lost its long-standing title as Africa’s largest importer of refined petroleum pro...


Ogun Calls Athlete Protest "Impatience" Amid Unpaid Allowances
BY Abiodun Saheed Omodara May 29, 2025 0

OGUN, Nigeria - The Ogun State Government has labeled the protest held by athletes representing the...


SEC Flags Silverkuun Investment Cooperative as Unregistered, Warn Nigerians
BY Abiodun Saheed Omodara May 30, 2025 0

The Securities and Exchange Commission (SEC) has cautioned Nigerians about putting their money in un...


ECOWAS Leaders Stress Collective Responsibility in Combating Drug Abuse
BY Abiodun Saheed Omodara May 29, 2025 0

The Economic Community of West African States (ECOWAS) has urged its member countries to collaborate...


Nigeria to Launch 7,000 Digital Hospitals to Transform Rural Healthcare
BY Abiodun Saheed Omodara May 29, 2025 0

ABUJA, Nigeria - The minister of communications, innovation and digital economy, Bosun Tijani, says...


Buhari Urges Patience with Economic Reforms under Tinubu's Leadership
BY Abiodun Saheed Omodara May 29, 2025 0

Former President Muhammadu Buhari has told Nigerians that the ongoing economic reforms under his suc...


WHO Struggles to Stabilize Finances Amid $1.7 Billion Deficit and Major Donor Withdrawal
BY Abiodun Saheed Omodara May 29, 2025 0

The World Health Organization (WHO) attempted to stabilize its finances during its annual assembly t...


More Articles

Load more...

Menu