Aug 2022 - Bored Ape 887 Record Fast Theft hodllee.eth - $116k (Global)
"The latest Bored Ape theft was made public on Twitter this Saturday thanks to investigative work from crypto sleuth ZachXBT. According to ZachXBT the NFT was quickly sold or “flipped” after the theft before the thief went on to perform a cross-chain swap on RenBridge."
"Wow this person bought a BAYC for $116k (70.69 ETH) then proceeded to get scammed just two hours later."
"The owner of a Bored Ape purchased for $116,000 fell victim to a scammer just two hours later. The theft and subsequent flipping of Bored Apes have almost become an industry within itself. August has witnessed a significant number of NFT thefts, many of them involving Bored"
"The address it went to has a bunch of other stolen NFTs from people." "Person that was scammed apparently filed a police report"
"August has witnessed a significant number of NFT thefts, many of them involving Bored Apes. The theft and subsequent flipping of Bored Apes have almost become an industry within itself."
"The incident may be the fastest in the space, with just two hours separating the purchase and swindle." "While the speed of the disaster was impressive, the rest of the story is by no means unique or special."
Further Analysis
A Bored Ape NFT, purchased for $116,000, was swiftly flipped by a scammer just two hours after the initial transaction. The thief got away with their funds by performing a cross-chain swap on RenBridge. The individual filed a police report, however it does not appear that they've had any luck in recovering the NFT.
How Could This Have Been Prevented?
More Cryptocurrency Exchange Hacks/Scams/Frauds
SudoRare NFT Market Maker Rug Pull > > < < Near Protocol Rainbow Bridge Second Attack Mitigated
Sources/Further Reading
Stankoman comments on New BAYC Owner Scammed Just Two Hours After Purchasing $116K NFT (Dec 31)
Stankoman comments on New BAYC Owner Scammed Just Two Hours After Purchasing $116K NFT (Dec 31)
New BAYC Owner Scammed Just Two Hours After Purchasing $116K NFT - BeInCrypto (Dec 31)
@zachxbt Twitter (Dec 31)
@zachxbt Twitter (Dec 31)
@zachxbt Twitter (Dec 31)
Ethereum Transaction Hash (Txhash) Details | Etherscan
(Dec 31)
Ethereum Transaction Hash (Txhash) Details | Etherscan
(Dec 31)
Ethereum Transaction Hash (Txhash) Details | Etherscan
(Dec 31)
Ethereum Transaction Hash (Txhash) Details | Etherscan
(Dec 31)
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