The co-founder and CEO of The Sandbox, Arthur Madrid, fell victim to a Twitter account hack on May 26. The attacker used Madrid’s account to promote a fake “airdrop” phishing scam. In a post after he recovered the account, Madrid warned Sandbox users to “never click on any link that promotes Airdrop or URL and looks scammy.” Four hours before Madrid’s post, The Sandbox’s official Twitter account also warned that a scammer had taken control of the account and was promoting a scam/phishing link for a fake airdrop of SAND tokens. The alleged scam site appears to have been taken down as of 8:26 pm UTC, as it now produces a 404 error. Phishing attacks have become a frequent problem in the crypto community, with cybersecurity firm Kaspersky reporting a 40% increase in these types of attacks in 2022 compared to the previous year.