Cryptocurrency [loss] $6M+

Tweet thread by zachxbt

2022-04-30 [vendor] Otherside phishing sites [chain] ethereum
Primary Source ↗
Financial Loss $6.1M (6,100,000 USD)
Blockchain(s) Ethereum

Incident Details

In what should surprise nobody, some of the historically phishing-prone fans of the pricey Bored Apes project fell for scams that pretended to be the Bored Apes’ new land project, called “Otherside”. In collectors’ hurry to mint the metaverse land NFTs, some fell for phishing sites pretending to be the real deal.Blockchain sleuth zachxbt found one such address that had netted around $1 million in NFTs just today, and tracing its transactions led to two other scammer wallets containing $5.1 million of other stolen NFTs.

Total loss estimated at $6,100,000.

Technical Details

Initial Attack Vector
On-chain theft (attributed by zachxbt)
Vendor / Product
Otherside phishing sites

Timeline

  1. 2022-04-30 Breach occurred
  2. 2022-04-30 Publicly disclosed