The hacker used the company's official Instagram account to phish BAYC NFT holders.
hacked on Monday. According to BAYC itself, the hacker used the access to launch a phishing scheme that stole millions of dollars in non-fungible tokens revealed
what had happened on Twitter early Monday morning, warning community members to steer clear of the scheme. In an email to Gizmodo, a BAYC spokesperson confirmed details of the incident. “At 9:53am ET, we alerted our community, removed all links to Instagram from our platforms and attempted to recover the hacked Instagram account,” they said.website. There, they advertised a fake
. Airdrops are a crypto marketing technique in which companies will send out newly minted tokens for free to community memberscertain projects. In this case, the hacker claimed to be offering access to an upcoming Bored Ape project, Motherboard, and encouraged users to connect their MetaMask crypto wallets to the site. However, when users did so, the site sucked the digital assets out of their wallets and transferred them to the hacker’s wallet.
All told, some 134 NFTs appear to have been transferred to the hacker’s wallet on Monday morning, a number of which were Bored Ape assets, Motherboard“Rough estimated losses due to the scam are 4 Bored Apes, 6 Mutant Apes, and 3 BAKC [Bored Ape Kennel Club], as well as assorted other NFTs estimated at a total value of ~$3m,” a BAYC spokesperson told Gizmodo. “We are actively working to establish contact with affected users.
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