Yuga Labs loses about 200 ETH as BAYC & OtherSide Discord groups get breached

Creator of popular ape-themed NFTs, Yuga Labs experiences another phishing attack, losing close to 200 ETH.

Jun 6, 2022
by Michael
Yuga Labs loses about 200 ETH as BAYC & OtherSide Discord groups get breached
News

Popular blockchain detective and member of the Crypto Twitter community, OkHotshot, announced the distressing information about the infiltration of two official Discord groups belonging to  BAYC and OtherSide NFTs. Reports from investigations depicted that the attack was carried out by hacking into the Discord account of Boris Vagner, a community and social manager at Yuga Labs

The scammers were said to have disguised themselves as the team, announcing an exclusive giveaway for BAYC, MAYC and OtherSide holders. Evidence shows that many innocent users who accessed the phishing messages that promised limited-quantity giveaways for existing NFT holders were the victims of the fraudulent act.

These scammers flooded the official Bored Ape Yacht Club, Mutant Ape Yacht Club and OtherSide Discord groups with phishing links after having unrestricted access through the employee’s account.
BAYC corroborated this revelation in an official tweet that read thus:

"Our Discord servers were briefly exploited today. The team caught and addressed it quickly. About 200 ETH worth of NFTs appear to have been impacted. We are still investigating, but if you were impacted, email us at [email protected]"

This is the second attack on BAYC in a few weeks. On April 25, 2022, BAYC announced the suspension of minting activities due to the hack of their Instagram handles. Reports indicate that approximately 100 NFTs with a cumulative worth of over $40 million were stolen from the Instagram attack. 

To add to the earlier announcement, the BAYC team released a caveat that stated:

"As a reminder, we do not offer surprise mints or giveaways."

This was done to prevent its community members from being susceptible to a future attack. Overall, these constant hacks highlight the importance of an increased layer of security to safeguard members' assets.

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