Jay Chou, a Taiwanese music singer, had $550,000 worth of non-fungible tokens stolen from him after falling prey to a phishing fraud.
Chou claims that he initially mistook the theft for an April Fool’s joke before learning that he no longer had access to his valuable NFTs. According to on-chain investigator @zachxbt, fraudsters buy verified Twitter accounts for a few thousand dollars and use them to launch giveaway scams. Scammers typically utilise bots to lure consumers into clicking links that lead to a phishing site and deplete their NFTs.
The scammer stole an NFT from the Bored Ape Yacht Club collection, which had been given to him by famed Taiwanese musician Jeffrey Hwang (aka Machi Big Brother). He also misplaced one NFT from Mutant Ape Yacht Club as well as two NFTs from the Doodles.
Hackers broke into an official Discord server maintained by Bored Ape Yacht Club earlier today. The official Twitter account of the most successful NFT project to date stated in a message that there would be no April Fools airdrops, confirming the hack.
According to blockchain security startup PeckShield, the hacker was successful in stealing one NFT after providing a bogus link to a bogus mint on one of the server’s channels.
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