The famous NFT collection Bored Ape Yacht Club faces ongoing phishing attacks.
Bored Ape Yacht Club (BAYC) has reported being attacked by phishing scammers on Saturday, resulting in a loss of 200 ETH, equivalent to $357,000 at the time of the incident.
The attackers got unauthorized access to the Discord server of the BAYC and Metaverse Otherside, which granted them access to the system, database, and network infrastructure.
After that, they effortlessly stole the account of the project’s community manager BorisVagner. The compromised account then executed the phishing scam, posting a link to a fraudulent website.
New Problems for NFT Holders
The scam worked on the gullible users and the victims lost their valuable NFTs. Data from blockchain security and data analytics company PeckShield revealed the scammers stole 1 BAYC, 2 MAYC, 5 Otherdeeds, and 1 BAKC.
Shortly after the incident, the BAYC team said that an investigation was underway, advising those affected by the cyberattack to send an email to the project’s address.
The team would give further assistance. Furthermore, the team also noted that BAYC and other related NFT collections would never send surprising rewards or presents to the community.
NFT is a non-fungible token that represents digital item ownership rights, and it is being used by some to help transform the world of art and music. Clearly, the NFT industry is dealing with an ongoing phishing effort powered by hacked internal accounts.
A Big Target
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