A Proof Collective member has lost $1.5 million worth of Moonbird NFTs after clicking a malicious link sent by hackers. The recent hack sends a wake-up call to NFT investors to stay vigilant.
A member of the Proof Collective was duped and lost 29 highly valuable Ethereum-based Moonbirds. The victim lost 29 Moonbird nonfungible tokens (NFTs) worth $1.5 million after opening a malicious link supplied by a scammer, according to a tweet by Cirrus on Wednesday morning.
Dollar, a Twitter personality and NFT owner, claimed that the alleged perpetrator has already been half-doxed by a crypto exchange, and that Proof Collective and its members are presently working on a full report to the FBI.
Another user, Just1n.eth, stated that when attempting to negotiate a purchase, a dealer insisted on completing the transaction through an unsavory “p2peer” platform. Sulphaxyz acknowledged that it had happened to him as well, and named the con artist as the perpetrator.
It’s unclear how many victims the offender has duped in total, but it’s a stark reminder that even the most experienced NFT investors must be wary of scammers.
The recent crypto frauds serve as a stark reminder to NFT owners to be cautious when interacting with third-party platforms and to double-check everything given by others, even if they appear to be trustworthy.
NFT founder Mike Winkelmann, also known as Beeple, had his Twitter account hijacked in a phishing operation, according to Cointelegraph. From the compromised Beeple account, the attacker received $438K in cryptocurrencies and NFTs.
Malwarebytes, a cybersecurity firm, issued a report earlier this month that found an upsurge in phishing attempts as scammers try to cash in on the NFT craze. According to the business, the most common tactic employed by scammers is bogus websites masquerading as legitimate platforms.
