$400k Stolen in Phishing Scam After Beeple’s Twitter was Hacked

Thousands stolen in ETH and NFTs from phishing links and fake minting sites after Beeple's twitter account was hacked last weekend.

Digital artist Beeple, most famously known for his public sale of the $69 million NFT sold through Christie’s Auction House last year, was the victim of a Twitter hack last weekend. 

The culprits posted a Phishing link to a fake collaboration site with Louis Vuitton, which drained users’ wallets 1 ETH at a time when clicked on.  

Beeple has previously worked on projects with the designer powerhouse, so it was not anything out of the ordinary to the victims and followers of Beeple. 

He has also been known to drop public NFT releases in the past. With his EverydaysGenesis, and Spring/Summer collections. 

Many major labels have jumped on the NFT bandwagon and capitalised on the recent market. Brands including Gucci, Nike, Prada, Adidas, and Cartier have recently joined the space with projects of their own. 

The attackers managed to accumulate over $70k from the initial phishing attack. However, it did not stop there. 

Another link was posted a few hours later, this time to a minting site that claimed to be a limited release of additional NFTs from Beeple’s Spring/Summer collection. 

Upon minting from the site, anyone who fell victim had all funds and NFTs drained and placed in the hands of the attackers.

Many more fell victim to this, with an estimated loss of over $350k in combined ETH and NFTs.

Some hours later, Beeple regained access to his account with the help of Gary Vee and took to Twitter to announce:

“Stay safe out there, anything too good to be true IS A FUCKING SCAM.”

Beeple

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About the Author
James Satoshi
James Satoshi
James is a leader in Web3, NFTs, & DeFi. You'll spot him covering all topics through-out Coinmash - some say he's so good he doesn't even seem real.