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Bored Ape Yacht Club is allegedly hacked yet again, scammers made off with hundreds of thousands of dollars in NFTs.

Fact Checked by TDPel News Desk
By Solomon Whitaker

According to sources, the Bored Ape Yacht Club was hacked yet again by a phishing scheme, this time allowing hackers to take more than a quarter million dollars in NFTs.

According to CoinGape, a management account from the firm and Otherside Metaverse was hijacked this week, granting hackers access to their accounts.

Once inside, the scammers sent out phishing URLs posing as ‘special prizes’ for NFT supporters, obtaining 145 Ethereum (about $257,515.65) in the process.

It comes little over a month after the organisation was duped out of $3 million by a different team of con artists.

According to data from PeckShield, a blockchain security firm, the phishing effort resulted in the theft of 32 NFTs by Saturday, including one Bored Ape Yacht Club token, two Mutant Apes NFTs, five Otherside NFTs, and one Bored Ape Kennel Club token.

Non-fungible Tokens, or NFTs, are bitcoin-like digital tokens that function as a certificate of ownership and are stored on a blockchain.

The scam was allegedly carried out by a manager with the alias BorisVagner, who tempted members of discord groups with free tokens.

The hack comes more than a month after the biggest player in the NFT game, the Bored Ape Yacht Club, was hacked in April, with four Bored Apes and a bevy of other NFTs totaling $3 million stolen.

According to The Guardian, hackers targeted the group’s Instagram account and sent phishing links to members, who unknowingly clicked on the postings and lost their priceless NFTs.

While Instagram attacks are nothing new, according to Jacke Moore, a worldwide cybersecurity advisor, the intimate community surrounding the Bored Ape NFTs can allow phishing scams to succeed with severe results.

‘This takeover has had a huge consequence and resulted in a mass robbery of digital assets,’ More told the Guardian regarding the April hack.

‘Similar to when physical art is stolen, there will be questions over how they would now be able to sell on these assets, but the problems in NFTs still prevail and users must remain extremely cautious of this still very new technology.’

Actor Seth Green’s copyright for his Bored Ape NFT, which was intended to be used in an upcoming TV show, was taken from him in another scam, shattering confidence in the Boared Ape Yacht Club.

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