Greater than $765,000 value of nonfungible tokens has been stolen as a part of a reported SIM swap assault on the GutterCatGang NFT undertaking.
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 faux “restricted version” GutterCatGang NFT sneaker airdrops that basically drained individuals’s sizzling wallets after they clicked on them.
In an effort to make the fictional hyperlinks look extra reliable, the tweets included latest GutterCatGang branding and imagery from the undertaking’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, outstanding blockchain sleuth ZachXBT asserted that the workforce was hacked by way of a SIM swap assault, as he questioned the workforce’s cyber safety practices.
“Your workforce higher have a look at a compensation plan for victims as it’s gross negligence to have used SMS 2FA in your socials after the entire latest SIM swaps,” ZachXBT mentioned.
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In a separate thread, ZachXBT highlighted two victims of the assault, with one dropping a Bored Ape Yacht Membership NFT value $65,913 at present flooring costs, and one other dropping a whopping $700,000 value of NFTs from a bunch of blue chip collections.
Another person simply misplaced $700k of property (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 need to guarantee you that we’re taking this matter very severely and are working with regulation enforcement to analyze 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 need to guarantee you that we’re taking this matter very severely and are working with regulation enforcement to analyze 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 worth sits at 0.5 Ether (ETH), up nearly 615% from the preliminary price to mint, in keeping with NFT Worth Ground.
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