On Monday, unknown hackers breached the official Instagram account of Bored Ape Yacht Club to steal popular NFTs from their followers.
The scam was successfully closed with the hackers taking over 133 NFTs worth around $2.4 million. Realizing this, BAYC soon took over the account and started investigating the incident. It’s unknown how hackers were able to take control of their Instagram accounts.
NFT Scam of Worth $2.4 Million
NFTs, the digital images that are being hyped lately in the blockchain and cryptocurrency space are now some of the highly targeted things in cyberattacks. Earlier this year, we’ve seen over a dozen users losing access to their NFTs in OpenSea, worth $1.4 million.
And now, followers of Bored Ape Yacht Club are phished to steal their valuable NFTs! As announced by BAYC’s creator Yuga Labs, unknown hackers took control of their official BAYC Instagram account and posted a fake airdrop.
This morning, the official BAYC Instagram account was hacked. The hacker posted a fraudulent link to a copycat of the BAYC website with a fake Airdrop, where users were prompted to sign a ‘safeTransferFrom’ transaction. This transferred their assets to the scammer’s wallet. — Bored Ape Yacht Club (@BoredApeYC) April 25, 2022
