NFT Trader Loses $145K To BAYC Phishing Scam

cryptonews.com:

An NFT trader lost over $145,000 worth of tokens in a BAYC phishing scam, according to May 9 data from on-chain security platform PeckShield.

PeckShield revealed that a trader known as “tatis.eth” fell victim to a phishing scam perpetrated by an attacker identified as “PinkDrainer.” The malicious entity stole three valuable BAYC NFTs – BAYC 7531, BAYC 6736, and BAYC 2100 – from the trader’s wallet.

BAYC, also known as Bored Ape Yacht Club (BAYC), is a collection of 100,000 Ethereum-based collectibles. These NFTs are among the most influential and expensive ones around. They feature profile pictures of bored cartoon apes in various facial expressions and clothing.

#PeckShieldAlert ZachXBT has detected that tatis.eth has fallen victim to a phishing attack, resulting in the loss of 3 #BoredApeYachtClub NFTs, specifically #BAYC #7531, #BAYC #6736, & #BAYC #2100.
The scammer #PinkDrainer has already sold the stolen #BAYCs for a total of ~48.5… pic.twitter.com/vU0EPndvRM

— PeckShieldAlert (@PeckShieldAlert) May 9, 2024

A similar report from ZachXBT revealed that the stolen NFTs were transferred to a phishing address labeled “Fake_Phishing328357” on May 8 at 5:47 PM UTC. Thereafter, the attacker sold the three NFTs for a total of 48.5 ETH, equivalent to approximately $145,000.

This is not the first time the “PinkDrainer” scammer has been involved in such atrocious activities. Cyvers Alerts, a real-time security alert platform, recently reported a similar phishing scheme where a victim’s wallet was drained of $92,800 worth of Ethereum to the same “PinkDrainer” address.