Crypto News
2 years ago

Beware: BAYC Instagram Hacked, Several Bored Ape NFTs Already Lost

Andrew Throuvalas Apr 25, 2022 15:51
The popular NFT collections suffers another social media hack this month, which captured many more victims than the last. 

Bored Ape Yacht Club (BAYC) confirmed over Twitter on Monday that its Instagram account was hacked. A scam link posted by the hacker appears to have resulted in multiple valuable NFTs being stolen from victims.

  • The link, which has since been taken down, led to a page claiming to be sponsored by Yuga Labs. It called on users to connect their MetaMask wallet in order to be airdropped LAND – an upcoming governance and utility token.
  • However, multiple holders are now claiming to have had their apes stolen from the related scam.
  • The scammer’s address has already amassed an estimated $2.7M worth of NFTs – 91 in total at the time of writing. This includes 4 BAYC, 7 MAYC, 3 BAKC, 1 CloneX, & more.
  • “There is no mint going on today,” tweeted BAYC this morning. “It looks like BAYC Instagram was hacked. Do not mint anything, click links, or link your wallet to anything.”

  • Multiple BAYC accounts have confirmed that there will be an actual airdrop for BAYC Land, but that the mint doesn’t occur April 30th.
  • OpenSea – the largest NFT marketplace – has taken down its link to the scammer’s address.
  • BAYC’s Instagram hack comes shortly after the group’s official Discord was hacked as well. Blockchain security firm Peckshield reported that the hack resulted in one Mutant Ape worth over $68,000 being stolen.
  • Earlier this month, another unfortunate holder was fooled into selling his Bored Ape worth over half a million dollars in a fraudulent NFT swap.
  • One scammer conducted a similar hack on Terra users last week, using a fake Google link to phish for their private keys. He reeled in over $4 million in crypto over ten days from his victims.
Share This Article
Andrew Throuvalas

Andrew is content writer with a passion for Bitcoin. He became familiar with Bitcoin back in 2013, but began diligently studying the blockchain technology and its economic implications in 2017. Ever since, he’s believed in the network’s power to replace the current global monetary system, and provide financial freedom to billions worldwide. Contact: Medium | LinkedIn | Twitter