Cryptocurrency [loss] $900,000

Tweet by Zachxbt

2022-03-21 [vendor] Bored Apes animation [chain] ethereum
Primary Source ↗
Financial Loss $900,000 (900,000 USD)
Blockchain(s) Ethereum

Incident Details

An NFT collector fell for a scam website promising to “turn your BAYC animated”. After connecting their wallet, the attacker transferred their three pricey Bored Ape NFTs to their own wallet, then quickly flipped them for resale for a combined total of around 264 ETH ($764,000). Zachxbt, a crypto fraud sleuth who first noticed the scam, estimated the NFTs’ actual value at closer to $900,000.It appeared from the victim’s retweets that they had fallen for a scam shared by a verified Twitter account that claimed to be one of the Bored Apes founders. However, a closer look at the Twitter handle showed it was a hacked account with the username “volt_france”, which previously had belonged to the French branch of the Volt Europa political movement.

Total loss estimated at $900,000.

Technical Details

Initial Attack Vector
On-chain theft (attributed by zachxbt)
Vendor / Product
Bored Apes animation

Timeline

  1. 2022-03-21 Breach occurred
  2. 2022-03-21 Publicly disclosed