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Bored Ape Yacht Club Instagram Hacked, $3 Million Of NFTs Stolen

Bored Ape Yacht Club Instagram Hacked, $3 Million Of NFTs Stolen
Bored Ape Yacht Club Instagram Hacked, $3 Million Of NFTs Stolen

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Published April 27, 2022

Published April 27, 2022

In yet another example of scammers stealing Bored Ape owners out of their NFTs, the Bored Ape Yacht Club Instagram account was hacked Monday morning, and the hackers purportedly made off with nearly $3 million of crypto art.

"This morning, the official BAYC Instagram account was hacked," tweeted the official BAYC account. "The hacker posted a fraudulent link to a copycat of the BAYC website with a fake Airdrop, where users were prompted to sign a ‘safeTransferFrom’ transaction. This transferred their assets to the scammer's wallet."

Evidently, the marks clicked the phishing link believing they would be able to mint new features for their apes. Instead, they gave the malevolent party access to their Ethereum wallet, where they stole the goods.

According to amateur crypto sleuth @zachxbt, the hackers got away with 91 NFTs — a combined total value of roughly $3 million USD. He later told Artnet News that the hacker sold the stolen NFTs "for a below-value 761.8 ETH ($2.25 million) and transferred the money to accounts with Kucoin and Binance."

The official Bored Ape Yacht Club Twitter account told its followers that the hackers were able to get into the Instagram account despite the account having two-factor authentication. They also pleaded with their followers to understand that the Bored Ape team would never contact them first and they would never ask for their "seed phrase."


With yet another multi-million-dollar NFT theft taking place, NFT doubters crowed in schadenfreude over the misfortune of those affected by the scam.


It seems that there's no end in sight to massive NFT-based heists, at least until Bored Ape owners stop falling for relatively obvious phishing scams.


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