Circle Says That the Senior Strategy Officer’s Account Was Compromised

Published on:

Last Updated on March 22, 2023 by Bitfinsider

Circle CEO Jeremy Allaire verified that a tweet offering USDC users a one-time bonus in the shape of an airdrop was a hoax.

Allaire went to Twitter to claim that the company’s chief strategy officer and director of policy’s accounts had been hacked. In an email to The Block, a spokesman for the Boston-based business stated that the thread is “not genuine.”

The tweets originated from Circle’s Dante Disparte’s account and stated USDC holders would receive a bonus following the stablecoin’s depeg earlier this month. According to the compromised account, the “one-time bonus” for USDC members would take the shape of an airdrop.

One tweet in the conversation directed to a URL that did not belong to Circle.

Following the failures of Silvergate and Silicon Valley Bank, Circle’s USDC stablecoin depegged on March 6th.

Hardware wallets are safe and secure devices that can be used offline. They keep your cryptocurrency offline, making it impossible for you to be hacked. To find out more on the leading hardware wallets, you may view our reviews here: Ledger & Trezor
Disclaimer: The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, legal, tax or other advice. Investing in or trading cryptocurrency or stocks comes with a risk of financial loss.