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After being duped into exchanging valuable pieces for worthless PNGs in a fraudulent swap transaction, a Bored Ape Yacht Club (BAYC) non-fungible-token (NFT) holder has lost many NFTs, including a 'bubble gum ape'. People losing money in Apecoin is not a new thing anymore. Recently, several NFT marketplaces had come under criticism when users had their cryptocurrency and NFT collections stolen. A lawsuit over this issue was filed against the leading NFT marketplace OpenSea earlier this year. ApeCoin is trying its best to live life in the NFT marketplace despite facing warnings of NFT hack threats. This warning of NFT hack threats was announced after two official Discord groups, that are linked to BAYC and OtherSide NFTs, were compromised. It enables the group of cyberattackers to share multiple phishing links for successful cyberattacks. In this article, we will discuss the number of times NFT investors screamed 'All My Apes are Gone' in 2022.
NFT scammers worldwide are great players of mind who know how to use artificial scarcity and fear of missing out to drive people into scamming traps. Words like "sold out", "limited releases", "Drops" and "collaboration" seem to attract people like moths to the flame and they pay high prices or even wait in long lines to buy such NFTs. Another major driving force for them is the exclusivity of their NFT artworks. Now and then reports of stealing billions of dollars are on the news but still it cannot drown the significant hype that comes with NFTs.
Recently, another phishing scam has hit the non-fungible token (NFT) community, with the latest target being the social media accounts of NFT influencer Zeneca. The compromised Twitter and Discord accounts linked to a fake airdrop for the influencer's "Zen Academy Founders Pass," tricking unsuspecting users into connecting their wallets. The damage from the attack remains unknown. The hack is believed to be a part of a widespread threat against the NFT community, first alluded to on Monday in a tweet by the Bored Ape Yacht Club creator Yuga Labs.
In January 2022, NFT collector Todd Kramer based out of New York said that his collection of sixteen BAYC NFTs worth $2.28 million (Rs 16.94 crore approx.) was "hacked." The owner of the NFTs Todd Kramer said that NFT marketplace OpenSea had "frozen" the assets for him including one Clonex, seven Mutant Ape Yacht Club, and eight BAYC NFTs currently valued at around 615 Ether. It is one of those times when investors screamed 'All My Apes are Gone' in 2022.
A bored ape holder that goes by the name 's27' lost bubble gum ape and matching mutants worth $567k after swapping their NFTs at a fake exchange named "Swap. Kiwi". This platform allows for direct NFT swaps between collectors, at reduced transaction fees. 's27' transferred this ape from his vault to another wallet, just to lose it shortly thereafter.
In April 2022, BAYC said that its instant messaging platform Discord was hacked and "briefly compromised," telling users not to mint — the process of taking a digital asset and converting it to a digital file stored on a blockchain — any Apes on its platform. "STAY SAFE. Do not mint anything from any Discord right now. A webhook in our Discord was briefly compromised. It is one of those times when investors screamed 'All My Apes are Gone' in 2022.
An NFT trader named Jeff Nicholas, who was seeking technical support entered a Discord channel run by hackers impersonating the identities of OpenSea staffers. Nicholas was asked to share his screen—and once he did, all of his cryptos were stolen from his wallet. According to The Verge, six figures' worth of tokens out of the wallet including his apes were gone.
The Instagram account belonging to the BAYC NFT collection was hacked. A phishing link was sent out to users and designed to steal NFTs. According to Gizmodo, three million dollars' worth of crypto was stolen from the victims. "Roughly estimated losses due to the scam are 4 Bored Apes, 6 Mutant Apes, and 3 BAKC [Bored Ape Kennel Club], as well as assorted other NFTs estimated at a total value of US$3 million," a BAYC spokesperson told Gizmodo. It is one of those times when investors screamed 'All My Apes are Gone' in 2022.
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