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Home NFT News

Bored Ape NFT Valued $147,800 Stolen In A Phishing Attack

Hania by Hania
February 24, 2023
in NFT News
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Bored Ape NFT Valued $147,800 Stolen In A Phishing Attack
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In Brief:

    • Related articles
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  • Crypto Industry Is Still Haunted By Phishing Scams

Bored Ape NFT #4587, the most recent target of address 0x43c922’s theft, was the subject of a warning from blockchain security company CertiK. Since the beginning of February 2023, the hacker has planned a series of heists.

The BAYC NFT #4587 has been verified as the second asset stolen by the hacker with the full address 0x43C922deB0827b9F5B1baC648677077A66F108e5, according to Ancilia inc., a web3 cybersecurity partner supported by Binance. The NFT was last sold on May 9, 2022, for 89.9 ETH, or about $147,800.

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⚠️⚠️#Ancilia_Alert: @BoredApeYC #4587 was just stolen by hacker
0x43C922deB0827b9F5B1baC648677077A66F108e5 pic.twitter.com/FmBfj8O5El

— Ancilia, Inc. (@AnciliaInc) February 23, 2023

The other attack by the same user, according to CertiK, targeted and stole NFT #3097 from the bored ape yacht club. On January 7, 2022, BAYC NFT #3097 was last sold for 19.8 ETH (about $33,000).

The #BAYC NFT #3097 was stolen by the same address 0x43C922, which is now labeled as Fake_Phishing38681 on https://t.co/lb2v6r8JU0.

The last sale of the #NFT was for 19.8 ETH (~$33K) on January 7, 2022. pic.twitter.com/IRjuacLFbR

— CertiK Alert (@CertiKAlert) February 23, 2023

The heist of the FreeNFT.xyz OG ticket 150 on February 15, 2023, is one of several scams associated with the address. One token worth 7Ξ  was stolen from address 0xe31f3cca152fbbe45d73ef64de25d81228f8f7a7 from the same hacker address, according to a report on Twitter by @scamsniffer_.

🚨 https://t.co/2PVOp6lOL9 OG Ticket 150 may have been stolen, 1 tokens worth 7Ξ

from: 0xe31f3cca152fbbe45d73ef64de25d81228f8f7a7
to: 0x43c922deb0827b9f5b1bac648677077a66f108e5#ScamAlert #FreeNFT.xyz OG Ticket #NFTs pic.twitter.com/qHJS8KKCum

— Scam Sniffer Alert Bot (@scamsniffer_) February 14, 2023

The account has hardly been active for roughly 20 days and is now identified on Etherscan as fake phishing38681. It has executed 73 recorded transactions throughout the whole time. The address has been marked as suspicious by Etherscan, alerting other users not to connect with it.

As there have been numerous reports associating this address with numerous phishing scams, they have warned consumers to use it.

Also Read: NFT Scams: How to Protect Yourself from them 

Crypto Industry Is Still Haunted By Phishing Scams

Bored Ape NFT Valued $147,800 Stolen In A Phishing Attack

The Bored Ape Yacht Club and the entire crypto sector have suffered losses as a consequence of the attack. It does so amid reports of significant losses in 2022 due to hacking and phishing attacks.

Crypto analyst Kofi states that hackers took over $6 billion worth of cryptocurrency. Furthermore, according to a UN assessment, North Korean hackers stole approximately $630 million in digital assets in 2022.

In response, the Lazarus cyber group linked to North Korea’s economy crimes section, kokrim, stole $5.9 million in cryptocurrency. Likewise, Gary Gensler, the chairman of the SEC, has highlighted the fundamental cybersecurity risk that holding digital assets poses.

The regulatory authority is exploring ways of developing a legal framework for digital assets. Follow us for more information on these phishing attempts and the defences being created against them.

Tags: cryptocrypto attackNFTPhishing Scams
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Hania

Hania

Hania is a 30-year-old blogger who used to be a teacher before entering the world of writing. She is originally from India and has been writing blogs on various topics for 2 years now. Hania is particularly interested in exploring the intersections of finance, technology, and cryptocurrency. Her experience as a teacher has given her unique insights into the ways in which digital media can be used to facilitate learning and engagement. Through her writing, Hania hopes to share her knowledge and learning of crypto industry with everyone.

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