Bored Ape Yacht Club’s (BAYC) Instagram page has been hacked. It was hacked when hackers posted phishing links. Over $2.5 million in NFTs was stolen with the attack.
Bored Ape Yacht Club announced on Twitter on April 25 that its Instagram page was hacked, resulting in the theft of over $2.5 million in NFT.
Hack Attack on Bored Ape Yacht Club Instagram Account
Hackers carried out an attack by sending links to people from BAYC’s Instagram account, causing them to click and link wallets. A total of four Bored Apes NFTs worth about $1 million each were stolen in this way.
The attackers sent a copy of the BAYC website to Instagram users with a fake link. Users have posted a fake airdrop link that will transfer assets to the scammer’s wallet when they click on the link. The community was alerted shortly after the attack was discovered.
Yuga Labs, owner of BAYC, said the phishing attack was being investigated. In total, four Bored Apes, six Mutant Apes and three Kennel NFTs were stolen. While no statement was made on compensation, BAYC co-founder CryptoGarga said victims would be contacted.
The IG hack resulted in 4 Apes, 6 Mutants, 3 Kennels, and some other assorted valuable NFTs being lost. We will be in contact with the users affected and will post a full post mortem on the attack when we can. For now I would like to stress that 2FA was enabled on the account. https://t.co/bsc3tHt9QG
— Garga.eth (@CryptoGarga) April 25, 2022
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