Sam Kazemian, founder of Frax Finance, has posted on the X platform stating that the team has regained ownership of the official X account for Frax Finance. He added: "Currently, as far as we know, this incident occurred within Twitter/X internally, where a customer service representative bypassed the 2FA setting for the account and completely reset the email to another address on their own. Frax was not compromised or affected in any way with regards to the account. This is purely an internal X event and this is all we know at the moment. If we learn more from the investigation, we will inform everyone in a timely manner. Previously on June 1st, Sam Kazemian stated on X that the official X account for Frax had been stolen and advised users not to click on any links."