Security News > 2022 > April > Crooks steal NFTs worth '$3m' in Bored Ape Yacht Club heist

Crooks steal NFTs worth '$3m' in Bored Ape Yacht Club heist
2022-04-26 01:00

Crooks stole non-fungible tokens said to be worth about $3 million after breaking into the Bored Ape Yacht Club's Instagram account and posting a link to a copycat website that sought to harvest marks' assets.

"It looks like BAYC Instagram was hacked. Do not mint anything, click links, or link your wallet to anything," Bored Ape Yacht Club tweeted Monday morning in a warning that came too late for some of its members.

Bored Ape Yacht Club, or BAYC, is a collection of pictures that depict passionless primates in various poses and costumes, and can be used as internet profile avatars; they usually sell for thousands of dollars in crypto-coins.

Yuga Labs, the outfit that created Bored Ape Yacht Club, told The Register miscreants stole four Bored Apes, six Mutant Apes, and three Bored Ape Kennel Club NFTs, plus "Assorted other NFTs estimated at a total value of ~$3m.".

On March 31, Bored Ape Yacht Club confirmed its Discord server had been breached.

Following Bored Ape Yacht Club's ApeCoin cryptocurrency debut, crooks stole about $1.5 million after claiming a large number of tokens using NFTs that they did not initially own and pulling off fraudulent flash loans.


News URL

https://go.theregister.com/feed/www.theregister.com/2022/04/26/nft_theft_bored_ape_yacht_club/