The Co-founder of Yuga Labs issued a warning about a possible incoming attack on their social media accounts under the Yuga Labs umbrella after receiving reliable information that an insider from Twitter would help bypass the security of the accounts.
Yuga Labs, home to some of the most popular NFTs including the Bored Ape Yacht Club and Otherside, proactively approached Twitter for security after receiving information about an imminent orchestrated attack on its social media accounts.
Soon after warning the community, Twitter officials began actively monitoring the activities on the accounts in addition to fortifying their existing security. While issuing the proactive warning, the Co- founder informed investors that the company would never conduct surprise mints which are a popular method attackers use to lure in victims.
The popularity and public demand of Yuga Labs’ NFT offerings resulted in the unplanned rise of ape-themed scams. On June 5, attackers managed to breach into Yuga Labs’ BAYC and OtherSide Discord groups and made away with over 145 Ether.
An investigation by blockchain detective OKHotshot revealed that the attack was conducted by hacking into the Discord account of Boris Vagner, community and social manager at Yuga Labs.
