Security News > 2022 > January > Ozzy Osbourne NFTs Used to Bite Off Chunk of Crypto Coin

Ozzy Osbourne and his famously enterprising wife and manager Sharon decided to launch a new non-fungible token collection called CryptoBatz, but the rollout was clouded by scammers who used an abandoned vanity Discord URL to drain users' crypto wallets out of at least $150,000 worth of Ethereum.

A tweak to the CryptoBatz vanity URL by the company behind the project, Sutter Systems, mistakenly left the old URL active, along with old tweets referencing the abandoned URL. Soon scammers set up a dummy Discord server with the old URL and started targeting users and draining their crypto wallets, according to Malwarebytes Labs.

Sutter Systems said that it acted quickly to flag the issue but indicated that Discord dragged its feet in taking down the abused CryptoBatz URL. "Within minutes of being made aware, Sutter Systems repeatedly reached out to the team at Discord to have the fake server taken down," Sutter Systems said in a statement provided to Threatpost.

Sutter Systems said Discord took down the NFT's scam server last Friday.

"Sutter Systems said it will continue to educate users that no one should ever give out their"seed phrase, - i.e., a series of words that act as a password for crypto wallets.

"We would also like to take this opportunity to make clear that Sutter Systems is solely responsible for the management of the CryptoBatz Discord; neither Ozzy or his team were or are involved in this side of CryptoBatz community management," the statement said.

News URL

https://threatpost.com/ozzy-osbourne-nfts-cryptocurrency/177969/