By posting a fraudulent link to a copycat of the Bored Ape Yacht Club website, assets worth over $13 Million in ‘bored ape’ NFTs were stolen by hackers.
According to CoinDesk, millions of ‘Bored Ape’ NFTs were stolen after hackers penetrated the Bored Ape Yacht Club NFT project and marketed a phony NFT distribution known as a ‘airdrop,’ which misled users into visiting a fraudulent url that granted the hackers access over their wallets.
“There is no mint going on today. It looks like BAYC Instagram was hacked. Do not mint anything, click links or link your wallet to anything,” the NFT project tweeted.
Several components from Yuga Labs, the company behind the Bored Ape Yacht Club, were among the stolen NFTs.
The value of 54 of the NFTs stolen (24 Bored Apes and 30 Mutant Apes) is roughly $13.7 million, as per CoinDesk.
“The hacker posted a fraudulent link to a copycat of the Bored Ape Yacht Club website, where a safeTransferFrom attack asked users to connect their MetaMask to the scammer’s wallet in order to participate in a fake Airdrop,” said a spokesperson. “At 9:53am ET, we alerted our community, removed all links to Instagram from our platforms and attempted to recover the hacked Instagram account.”
The firm also stated that it is looking into how the account was hacked.