NFT owners reminded to be vigilant after 29 Moonbirds were stolen by clicking a bad link


A member of Proof Collective fell victim to fraud, losing 29 precious Ethereum-based Moonbirds. According to a tweet from Cirrus on Wednesday morning, the victim lost 29 Moonbird non-fungal tokens (NFT) worth $ 1.5 million after snapping a malicious link shared by a scammer.

Dollar, a Twitter personality and owner of NFT, claimed that the so-called culprit is already half doxed by crypto exchange and that Proof Collective and members are currently working on a full report to the FBI.

Just1n.eth, another user, claimed that while trying to negotiate a deal, a trader insisted on using a nasty “p2peer” platform to end the transaction. Sulphaxyz confirmed that it happened to him as well and identified the cheater as the same culprit.

It is unclear how many victims he cheated on in total from the perpetrator, but it is a stern reminder that even the wisest of NFT investors must be on their toes when it comes to scammers. The recent crypto scams are a stern wake-up call for NFT owners to be careful when dealing with third-party platforms, and to check anything shared by others, even if they seem reliable.

Cointelegraph recently reported that NFT creator Mike Winkelmann, better known as Beeple, had his Twitter account hacked into a phishing attack. The scam earned the attacker $ 438K in cryptocurrency and NFTs from the compromised Beeple account.

Related: Required: A massive educational project to combat hacking and fraud

Earlier this month, cybersecurity firm Malwarebytes released a study that highlighted an increase in phishing attempts while fraudulent artists try to capitalize on NFT mania. The most common method used by scammers, according to the company, is fraudulent websites presented as genuine platforms.