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Sees over $1 million in NFTs stolen
This week, another Twitter NFT influencer has claimed to be the victim of an OpenSea hack – but some have doubts about the story. Consequently, the collector lost several Doodles, Bored Apes, and other blue-chip NFTs, totaling over $1 million. However, the NFT community doesn’t feel sorry for the influencer at all – and here’s why.
How was the BAYC NFT collector hacked via OpenSea?
Twitter NFT influencer and BAYC collector @jfx is the latest victim of hacking. The collector shared the news via social media along with a screenshot of his stolen NFTs. In a screenshot of his phone, we can see two Doodles, one MAYC and one BAYC; – However, there may be more stolen digital assets.
To reveal the hack, @jfx also added a plea to NFT collectors:
“Please do not purchase any of these items or anything else from my wallet,”
Still, while some members of the community felt sorry for him, others called the incident “karma”. Here is an example:
Surprisingly, the above response from fellow collector @zachxbt got almost 10,000 likes. According to him, the hacked NFT collector has previously scammed users using tactics on social media – particularly via Instagram. Other users echoed this, even accusing @jfx of stealing from other community members.
“Well you’ve been stealing from people for quite a while, so here’s your karma,” wrote user @Hallalluja.
Regardless of the truth, one thing is certain: NFT fraud is on the rise. In fact, several collectors have complained of falling victim to scams on the OpenSea platform itself, so the real question is:
Can you protect yourself from NFT fraud?
Right now hackers are targeting the NFT community more than ever. Someone may try to steal your seed phrase via simple word documents. Meanwhile, other hackers lure users with free NFTs that actually hide malicious smart contracts. So what can you do?
First, the most important step is to DYOR before investing in any NFT project – especially new ones. In addition, you can re-evaluate your digital wallets to choose the most secure option for your needs, and look into investing in a hardware wallet. Our security guide with Ledger tells you everything you need to know about NFT and crypto security.
