Published May 13, 20242 min read

A New Blow in the Cryptocurrency Sphere: Theft of Three NFTs Valued in Thousands of Dollars

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artwork image for: Phishing Fraud in the Crypto Sphere: Theft of NFTs from the Bored Ape Yacht Club

In today's news article, Coinmooner aims to share important information with our readers about a recent phishing scam in the crypto world involving the theft of NFTs from a well-known collection for significant amounts of money.

So, three NFTs were stolen from the Bored Ape Yacht Club collection: BAYC #7531, BAYC #6736, and BAYC #2100. According to OpenSea, a marketplace for NFTs, they are valued at 21 ETH ($62,960), 15 ETH ($47,500), and 18 ETH ($54,000), respectively. Another blockchain researcher on Etherscan confirmed this information.

The renowned crypto investigator ZachXBT made this discovery after noticing the stolen digital assets. Although the value of the stolen Bored Ape NFTs remains significant, it's worth noting that the minimum prices for this collection have sharply declined in the past few months, which could impact the final assessment of the theft damage.


Phishing Attacks in the Crypto Space: Lessons from the Recent NFT Incident

Details on how the phishing attack to steal NFTs was carried out remain in the shadows until investigations shed light on the matter. Nevertheless, it's worth noting that such incidents are not uncommon; instead, they are becoming increasingly prevalent in the cryptographic world. In 2023, over 324,000 users fell victim to phishing attacks, losing digital assets totaling approximately $300 million.

Undoubtedly, NFTs, being unique digital assets, attract the attention of wrongdoers due to their potential value and the complexity of recovery after theft. This situation becomes particularly acute in light of NFTs' growing popularity and value in the art and entertainment market.

In crypto, phishing scammers are active: they can hack project websites or social media accounts to divert traffic to fake resources. These may be disguised as official NFT store platforms, seemingly indistinguishable from the real ones. Additionally, scammers may distribute fraudulent token airdrops or post deceptive comments with dangerous links on social media, luring unsuspecting users into traps.

This incident serves as a stark reminder of the perpetual need for security vigilance in the crypto sphere and the risks associated with storing digital assets. It underscores the importance of employing reliable storage methods and implementing advanced security measures to shield one's cryptocurrency assets from fraudsters and cyber threats, particularly in the Web3 sphere. Coinmooner remains committed to monitoring the developments of this incident and promptly informing readers about such situations and protective measures that can help safeguard their assets.

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