Hacker steals millions through Bored Ape Yacht Club Instagram account

A hacker has stolen millions from NFT holders through a phishing scam posted to the Bored Ape Yacht Club Instagram account.

1 minute & 22 seconds read time

A hacker has targeted the Bored Ape Yacht Club Instagram account with a phishing attack that many individuals have fallen victim to.

The official Bored Ape Yacht Club Twitter account posted an update on April 25 that stated there wasn't going to be a "mint going today", as it had discovered that the Bored Ape Yacht Club Instagram account was hacked. The Twitter account also reminded its followers not to click on any links or "link your wallet to anything".

Reports now indicate that the hacker infiltrated Bored Ape's Instagram account to post a fake update on Bored Ape's upcoming LAND airdrop that requires users to connect their wallet accounts. The website that was included in the post to Bored Ape's Instagram approved users' wallet link requests that likely contained a transaction request to send NFTs from the user's wallet to the website's wallet address.

Blockchain data reveals that the wallet address linked to the phishing scam contains 91 NFTs estimated to be worth approximately $2.8 million. The wallet contains four Bored Apes, six Mutant Apes, three Bored Ape Kennel Club NFTs, and more.

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Jak joined the TweakTown team in 2017 and has since reviewed 100s of new tech products and kept us informed daily on the latest science, space, and artificial intelligence news. Jak's love for science, space, and technology, and, more specifically, PC gaming, began at 10 years old. It was the day his dad showed him how to play Age of Empires on an old Compaq PC. Ever since that day, Jak fell in love with games and the progression of the technology industry in all its forms. Instead of typical FPS, Jak holds a very special spot in his heart for RTS games.

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