Cryptocurrency [loss] $73,585

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2022-03-27 [vendor] taylorRichie.eth NFT theft [chain] ethereum
Primary Source ↗
Financial Loss $73,585 (73,585 USD)
Blockchain(s) Ethereum

Incident Details

A trader known by taylorRichie.eth agreed to swap their Morie NFT for a Doodle, in a trade they’d coordinated with a user on Discord. Because OpenSea doesn’t support trading one NFT for another, only buying and selling them for crypto, the traders had to use a different, less-known swap platform to perform the trade. Although taylorRichie.eth took precautions, like typing in the URL themselves instead of clicking a link, they were still fooled into signing a malicious transaction that transferred a different NFT in their wallet, a Mutant Ape, to the scammer. The scammer then quickly flipped the stolen NFT to another buyer for 22 ETH ($73,585).

Total loss estimated at $73,585.

Technical Details

Initial Attack Vector
Smart contract exploit / hack
Vendor / Product
taylorRichie.eth NFT theft

Timeline

  1. 2022-03-27 Breach occurred
  2. 2022-03-27 Publicly disclosed