$100 million NFT Stolen by Scammers

$100 million NFT Heist

The NFT Report

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Scammer Attacks

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Money Laundering

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NFTs Stolen

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The Easy Bait

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Word of Caution

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Also Read:

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We're on You Tube

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$100 million NFT Heist

$100 million NFT Heist

The NFT Report

The NFT Report

Acc. to research by Elliptic, a risk management company, over $100 million worth of NFTs were stolen btwn July 2021-22 by scammers

Scammer Attacks

Scammer Attacks

Scammers apply numerous ways to hijack NFTs like fake airdrops, tech vulnerability, phishing mail etc.

Money Laundering

Money Laundering

Hackers use NFT platform for money laundering. Approx. $8 million in illegal funds were laundered since 2017 via NFT platforms

NFTs Stolen

NFTs Stolen

Hackers targets premium NFT collectibles. For example CryptoPunks #4324 was stolen & sold for $490,000 after theft.

The Easy Bait

The Easy Bait

The NFT owners fall victim to scams which coincides with specific event. Like BAYC fake airdrops scam ran side-by-side with BAYC 1 year anniversary.

Word of Caution

Word of Caution

The best practice is to use a new wallet when connecting to new apps or links. Minimize the use of wallet holding NFT assets.

Also Read:

Also Read:

1..ETH Facts

1..ETH Facts

2..APECOIN

2..APECOIN

3..CoinSwitch Raided

3..CoinSwitch Raided

We're on You Tube

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