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    Second NFT Phishing Scam Victim Today Loses 3 Bored Apes

    By James EllisMarch 22, 20222 Mins Read

    Yet another person has fallen victim to the latest phishing NFT scam. This time it is @BlackAppleArt who has lost three Bored Ape Yacht Club NFTs, worth an estimated $900,000. This awful news is the latest in a long line of multiple scams and hacks targeting NFT holders.

    In total, @BlackAppleArt has lost three BAYC NFTs. This was first reported by @Zachxbt in a tweet last night. The hacker sent the ETH profits to Tornado, the decentralized protocol for private transactions on Ethereum.

    Picture depicts Bored Ape NFT scam
    In the latest NFT phishing scam, one unfortunate Twitter user lost three BAYC NFTs worth $900,000.
    Image Credit: BAYC

    How did the NFT scam happen?

    The scam is complex but not avoidable. In this instance, it appears to have happened due to the owner connecting their wallet to a website offering “animated” versions of the BAYC/MAYC club.

    Once owners link their wallets to a site like this, their  NFTs are fully exposed. Although not confirmed, a tweet leading to this website is in @BlackAppleArt recent likes on Twitter. Either way, it is unfortunate and disgusting that these scams are still occurring.

    Phishing NFT scams are rising again, and they take no prisoners. They use Tornado as it is untraceable. You should never connect your wallet to a random site you do not trust, and be vigilant in your security. Basically, if this happens, you will probably never see your NFTs again or get your money back.

    Unfortunately, NFT scams aren’t going anywhere and will only get more complicated. The best thing you can do is follow best practices and keep your eyes open for these scammers.

     


    All investment/financial opinions expressed by NFTevening.com are not recommendations.

    This article is educational material.

    As always, make your own research prior to making any kind of investment.

    BAYC nft phishing NFT Scam
    James Ellis
    • Twitter

    James is an English teacher and freelance writer with a passion for NFTs, football, film and technology.

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