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Yuga Labs OtherSide NFT Land Discord Group Hacked With 145 ETH Stolen

OKHotshot's investigation revealed that the attack was carried out by Boris Vagner (community manager at Yuga Labs), hacking into Discord....
Photo by geralt

OKHotshot’s investigation revealed that the attack was carried out by Boris Vagner (community manager at Yuga Labs), hacking into Discord.

Yuga Labs is the creator of two popular non-fungible tokens (NFTs) with a pe theme — Bored Ape Yacht Club (BAYC), and OtherSide. However, investors lost over 145 Ether ( ETH) or almost $260,000 as of this writing.

OKHotshot is a crypto detective who alerted crypto investors to the compromise of two official Discord group linked to BAYC or OtherSide NFTs.

OKHotshot’s investigation revealed that the attack was carried out by Boris Vagner (community manager at Yuga Labs), hacking into Discord.

After they gained unrestricted access, the scammers shared phishing links from Vagner’s Discord account to the official BAYC and Mutant Ape Yacht Club groups.

Many Discord users fell for the phishing messages promising limited-quantity giveaways for NFT holders, despite being aware of the scam. The screenshot above shows this.

OKHotshot concluded the investigation and revealed the wallets where the NFTs were held. This makes it the second attack on BAYC in the space of just a few weeks.

Cointelegraph has yet to hear back from Yuga Labs.

A Proof Collective member lost 29 highly-valued Ethereum-based Moonbirds NFTs valued at $1.5 million in an ongoing scam on May 25.

Although the extent of the damage caused by this hack is not known, NFT owners should be cautious when dealing with third party platforms. They should also double-check any information shared by others, even though they may appear trustworthy.

Vitalik Ivanov

Vitalik Ivanov

Vitalik is a speaker / journalist. He has spoken and given presentations at many blockchain events across the world. Vitalik is based in the UK, he loves to travel and calls Dubai his "crypto home". Vitalik has enjoyed speaking at blockchain events and has a main focus on CBDC's, NFT's and altcoins. Vitalik says "Everything, and i mean everything will be an NFT one day".
Vitalik Ivanov

Vitalik Ivanov

Vitalik is a speaker / journalist. He has spoken and given presentations at many blockchain events across the world. Vitalik is based in the UK, he loves to travel and calls Dubai his "crypto home". Vitalik has enjoyed speaking at blockchain events and has a main focus on CBDC's, NFT's and altcoins. Vitalik says "Everything, and i mean everything will be an NFT one day".

© 2022 The Daily Encrypt. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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