1 year ago
The atrocious actors utilized a fake GutterCatGang airdrop scam to drain people’s wallets, with astatine slightest $700,000 worthy of NFTs being stolen from a azygous address.
More than $765,000 worthy of nonfungible tokens has been stolen arsenic portion of a reported SIM swap onslaught connected the GutterCatGang NFT project.
The information breach was highlighted by respective NFT assemblage members astatine astir 8 p.m. UTC connected July 7, with GutterCatGang co-founder @GutterMitch tweeting retired a informing that: “Our Twitter has been compromised delight bash not interact with immoderate links.”
Our Twitter has been compromised delight bash not interact with immoderate links
— Gutter Mitch (@GutterMitch) July 7, 2023Alongside the authoritative GutterCatGang account, co-founder @gutterric was besides hacked.
The hacker, oregon hackers utilized the accounts to stock links to fake “limited edition” GutterCatGang NFT sneaker airdrops that fundamentally drained people’s blistery wallets erstwhile they clicked connected them.
In an effort to marque the fictitious links look much legitimate, the tweets included caller GutterCatGang branding and imagery from the project's phygital sneaker driblet successful concern with Puma and NBA/Charlotte Hornets prima LaMelo Ball.
GutterCatGang Twitter relationship has been compromised delight bash not interact with it. #GutterCatGang @gutterdan_ @GutterCatGang —-> ⚠️⛔️ pic.twitter.com/tBu9fwBI7m
— Burden © (@0x_burden) July 7, 2023Responding to Gutter Mitch’s thread, prominent blockchain sleuth ZachXBT asserted that the squad was hacked via a SIM swap attack, arsenic helium questioned the team’s cyber information practices.
“Your squad amended look astatine a compensation program for victims arsenic it is gross negligence to person utilized SMS 2FA connected your socials aft each of the caller SIM swaps,” ZachXBT said.
Related: $794K SIM swap hacker PlugwalkJoe sentenced to 5 years successful prison
In a abstracted thread, ZachXBT highlighted 2 victims of the attack, with 1 losing a Bored Ape Yacht Club NFT worthy $65,913 astatine existent level prices, and another losing a whopping $700,000 worthy of NFTs from a big of bluish spot collections.
Someone other conscionable mislaid $700k of assets (couple BAYCs, MAYC, Doodles, BAKCs, etc) pic.twitter.com/noNvkqkw9U
— ZachXBT (@zachxbt) July 7, 2023Providing an update connected the matter, GutterCatGang co-founder @gutterdan_ stated: “We are moving with Twitter to regain entree to the compromised Gutter-affiliated Twitter accounts.”
“We profoundly sympathize with each those impacted and privation to guarantee you that we are taking this substance precise earnestly and are moving with instrumentality enforcement to analyse the hack and information breach,” helium wrote.
We are moving with Twitter to regain entree to the compromised Gutter-affiliated Twitter accounts. We profoundly sympathize with each those impacted and privation to guarantee you that we are taking this substance precise earnestly and are moving with instrumentality enforcement to analyse the hack and…
— Gutter Dan (@gutterdan_) July 7, 2023At the clip of writing, it appears that the accounts are inactive compromised.
GutterCatGang was launched successful mid-2021 and consists of 3000 unsocial NFT cartoon feline avatars. The existent level terms sits astatine 0.5 Ether (ETH), up astir 615% from the archetypal outgo to mint, according to NFT Price Floor.
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