Cryptocurrency
[loss] $92,000
"Crypto Investors Buy 40 Acres of Land in Wyoming to Build Blockchain City"
Primary Source ↗Financial Loss
$92,000
(92,000 USD)
Blockchain(s)
Ethereum
Incident Details
Crypto investors who bought 40 acres of land in Wyoming in hopes of “building a city on the Ethereum blockchain” lost more than $92,000 to a Discord hack. Some clever social engineering and questionable security measures on Discord’s part allowed scammers to gain control of a CityDAO Discord moderator’s account, then send out fake announcements about a fake “land drop”. The scammer received over 29.67 ETH (about $92,000).
Total loss estimated at $92,000.
Technical Details
- Initial Attack Vector
- Social engineering attack
- Vendor / Product
- CityDAO Discord
Timeline
- 2022-01-10 Breach occurred
- 2022-01-10 Publicly disclosed