A Proof Collective member fell victim to a scam and lost 29 highly valuable Ethereum-based Moonbirds. According to a tweet by Cirrus on Wednesday morning, the victim lost 29 Moonbird Nonfungible Tokens (NFTs) worth $1.5 million after clicking on a malicious link shared by a crook.
29 Moonbirds Stolen In A Hack
If you click on the wrong link, you lose value of ~750e (~$1,500,000).
It’s disgusting to see this. Never click on the link and you will be prompted to bookmark the marketplace/trading site you use. pic.twitter.com/7iWO5LMovL
— Kwon Woon (@CirrusNFT) May 25, 2022
Dollar, a Twitter individual and NFT holder, claimed that the so-called culprit was already half-addicted by cryptocurrency exchanges, and that the Proof Collective and its members are currently working on a full report on the FBI.
— crypt0savage(@crypt0savage) May 25, 2022
Another user, Just1n.eth, claimed that while attempting to negotiate a trade, traders insisted on using the objectionable “p2peer” platform to close trades. Sulphaxyz confirmed that it had also happened to him and blamed the scammer as the culprit.
It’s unclear how many total victims he deceived by the perpetrators, but it is a harsh reminder that even the most knowledgeable about NFT investors should step in when it comes to scammers. The recent cryptocurrency scam is a harsh warning that NFT owners should be vigilant when dealing with third-party platforms and double-check, even if everything others share appears to be trustworthy.
Cointelegraph recently reported that NFT creator Mike Winkelmann, better known as Beeple, had hacked his Twitter account in a phishing attack. This scam earned the attackers $438,000 in cryptocurrencies and NFTs from the compromised Beeple account.
Relevant: Needed: Large-scale education project to combat hacking and fraud
Earlier this month, cybersecurity firm Malwarebytes published a study highlighting a growing number of phishing attempts as scammers attempt to take advantage of NFT enthusiasts. According to the company, the most common method used by scammers is deceptive websites that appear as genuine platforms.