Hacker steals $438K in crypto, NFTs after compromising Beeple’s Twitter account

2 years ago

Scams

The scammer sold the stolen NFTs connected OpenSea and utilized a crypto mixer to launder the funds.

2 min read

Updated: May 23, 2022 at 4:11 pm

Hacker steals $438K successful  crypto, NFTs aft  compromising Beeple’s Twitter account

Cover art/illustration via CryptoSlate

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The Twitter relationship of celebrated integer creator Mike Winkelmann, commonly known arsenic Beeple, was hacked connected May 22.

Harry Denley, a information expert astatine Metamask, announced this via Twitter.

In his tweet, Denley warned users that Beeple’s tweets, which contained a nexus to a raffle of a Louis Vuitton NFT partnership, were portion of a phishing attack. Denley added that clicking the nexus would drain crypto from users’ wallets.

⚠️ Beeple's Twitter relationship has been compromised (ATO) to station a phishing website to bargain funds.

0x7b69c4f2ACF77300025E49DbDbB65B068b2Fda7D
0xF305F6073CFa24f05FF15CA5b387DD91f871b983 pic.twitter.com/0MPNwOPlEu

— harry.eth 🦊💙 (whg.eth) (@sniko_) May 22, 2022

The scammer orchestrated this onslaught looking to capitalize connected Beeple’s caller collaboration with the manner giant. This collaboration saw Beeple plan 30 NFTs for Louis Vuitton’s Louis The Game mobile game. The crippled integrated the NFTs arsenic rewards for players.

The scammer continued posting phishing links from Beeple’s account. The links led to fake Beeple collections, which attracted unwitting users. Specifically, the collections promised a escaped mint for unsocial NFTs. 

Denley added:

If we presume everything is secure, astatine clip of this tweet the atrocious actors managed to scam:

Scam #1

36ETH (~$72k)

0xf305 is yet to withdraw

Scam #2

62.35ETH (~$125k)

37.59WETH (~$75k)

45 NFTs (est ~$166k)

Total = $438k (active for ~5hours)

The scammer utilized a crypto mixer to launder the proceeds

On-chain information revealed that the scammer sold the obtained NFTs connected OpenSea. To launder the proceeds, the scammer sent the funds to a crypto mixer.

Beeple yet regained power implicit his account. However, helium urged users to ever beryllium careful, adding that thing that seems excessively bully to beryllium existent is simply a scam.

This quality comes arsenic phishing attacks proceed plaguing the crypto and NFT industries. MetaMask warned web3 enthusiasts utilizing Apple devices to beryllium wary of a phishing onslaught successful the past month. This informing came aft an Apple idiosyncratic mislaid much than $650,000 worthy of NFTs and ApeCoin (APE).

Per MetaMask, Apple devices person a default information contented that allows malicious actors to spot the effect operation stored connected Apple’s iCloud retention service.

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