Yuga Labs which is the creator of two of the most popular ape-themed NFTs, Bored Ape Yacht Club and OtherSide saw another coordinated phishing attack, with investors losing over 145 ETH.
OKHotshot, a blockchain detective and a member of the Crypto Twitter community, warned crypto investors about the compromise of the official Discord groups linked to BAYC and OtherSide NFTs. According to investigations, the attack was done by hacking into the Discord account of the community and social manager at Yuga Labs.
After gaining limitless access to the employee’s account, scammers shared various phishing links from the Discord account into the official BAYC, Mutant Ape Yacht Club and Otherside groups. Many users in the Discord groups, unaware of the ongoing scam, fell victim to the phishing messages that assured limited-quantity giveaways made available for existing NFT holders
While the total damage around this hack remains unclear, the recent crypto scams are a wake-up call for NFT owners to exercise caution when dealing with third-party platforms.