Yuga Labs warns of 'persistent threat group' targeting NFT holders
Bored Ape Yacht Club (BAYC) creator Yuga Labs has warned there may soon be a “coordinated attack” targeting multiple non-fungible token (NFT) communities.
The NFT company told its Twitter followers on July 19 that its security team has been tracking a “persistent threat group” targeting the NFT community through compromised social media accounts, urging followers to be on the lookout.
Our security team has been tracking a persistent threat group that targets the NFT community. We believe that they may soon be launching a coordinated attack targeting multiple communities via compromised social media accounts. Please be vigilant and stay safe.
This isn’t the first time the company has warned its community of a possible social media-led attack by hackers.
In June, Gordon Goner, pseudonymous co-founder of Yuga Labs, issued a warning of a possible incoming attack on its Twitter social media accounts.
Soon after the warning, Twitter officials began monitoring activity on the accounts and fortified their existing security. Goner told investors that the company would never conduct surprise mints, a popular method attackers use to lure victims.
The warning came just a week after two official Discord groups linked to BAYC and OtherSide NFTs were compromised, allowing scammers to share various phishing links into the official BAYC, Mutant Ape Yacht Club, and OtherSide groups on discord.
Cointelegraph asked Yuga Labs for more details about the “persistent threat group” and the potential attack but did not receive an immediate response.
The Yuga Labs warning comes only days after threat actors hacked popular NFT platform Premint NFT, stealing approximately 314 NFTs and $375,000 in Ethereum (ETH), making it one of the largest NFT hacks
Read more on cointelegraph.com
