Greater than $765,000 price of nonfungible tokens has been stolen as a part of a reported SIM swap assault on the GutterCatGang NFT venture.
The safety breach was highlighted by a number of NFT neighborhood members at round 8 pm UTC on July 7, with GutterCatGang co-founder @GutterMitch tweeting out a warning that: “Our Twitter has been compromised please don’t work together with any hyperlinks.”
Our Twitter has been compromised please don’t work together with any hyperlinks
— Gutter Mitch (@GutterMitch) July 7, 2023
Alongside the official GutterCatGang account, co-founder @gutterric was additionally hacked.
The hacker, or hackers used the accounts to share hyperlinks to pretend “restricted version” GutterCatGang NFT sneaker airdrops that primarily drained individuals’s scorching wallets once they clicked on them.
In an effort to make the fictional hyperlinks look extra respectable, the tweets included latest GutterCatGang branding and imagery from the venture’s phygital sneaker drop in partnership with Puma and NBA/Charlotte Hornets star LaMelo Ball.
GutterCatGang Twitter account has been compromised please don’t work together with it. #GutterCatGang @gutterdan_ @GutterCatGang —-> ⚠️⛔️ pic.twitter.com/tBu9fwBI7m
— Burden © (@0x_burden) July 7, 2023
Responding to Gutter Mitch’s thread, prominent blockchain sleuth ZachXBT asserted that the staff was hacked through a SIM swap attack, as he questioned the staff’s cyber security practices.
“Your staff higher take a look at a compensation plan for victims as it’s gross negligence to have used SMS 2FA in your socials after all the latest SIM swaps,” ZachXBT mentioned.
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In a separate thread, ZachXBT highlighted two victims of the assault, with one shedding a Bored Ape Yacht Membership NFT price $65,913 at present flooring costs, and another shedding a whopping $700,000 price of NFTs from a bunch of blue chip collections.
Another person simply misplaced $700k of belongings (couple BAYCs, MAYC, Doodles, BAKCs, and many others) pic.twitter.com/noNvkqkw9U
— ZachXBT (@zachxbt) July 7, 2023
Offering an replace on the matter, GutterCatGang co-founder @gutterdan_ acknowledged: “We’re working with Twitter to regain entry to the compromised Gutter-affiliated Twitter accounts.”
“We deeply sympathize with all these impacted and wish to guarantee you that we’re taking this matter very critically and are working with regulation enforcement to research the hack and safety breach,” he wrote.
We’re working with Twitter to regain entry to the compromised Gutter-affiliated Twitter accounts. We deeply sympathize with all these impacted and wish to guarantee you that we’re taking this matter very critically and are working with regulation enforcement to research the hack and…
— Gutter Dan (@gutterdan_) July 7, 2023
On the time of writing, it seems that the accounts are nonetheless compromised.
GutterCatGang was launched in mid-2021 and consists of 3000 distinctive NFT cartoon cat avatars. The present flooring value sits at 0.5 Ether (ETH), up virtually 615% from the preliminary price to mint, based on NFT Worth Flooring.
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