Scam Alert

NFT Artist DeeKay’s Twitter Hacked, Over $150,000 In NFTs Stolen

More than $150,000 in NFTs were stolen as a result of the attack from unwary collectors who connected with a malicious link placed on DeeKay’s compromised Twitter.
LetsWalk NFT by DeeKay

A hacker has compromised the Twitter account of the famous NFT artist DeeKay Kwon to execute a phishing attack on his followers.

The incident occurred early Friday morning when a hacker compromised the Korean animator and NFT creator DeeKay Kwon’s Twitter account to post a phishing link to a fake website.

The post lured Kwon’s followers into signing transactions from a malicious smart contract by announcing he was launching a new, exclusive NFT collection.

The hacker posted a link to a bogus website that resembled DeeKay’s legitimate interface. When the victims consented to the claim, they unwittingly approved a transaction that gave the attacker access to their wallets. The attacker was then able to steal valuable NFTs from the victims’ wallets.

According to on-chain data, the attacker began their looting at around 03:43 CET this morning, ultimately pocketing about 65 NFTs from multiple victims before Kwon could retrieve his Twitter account and delete the malicious post.

The attacker seems to have been able to sell between $80,000 and $91,000 of NFTs and has since transferred the ETH proceeds to another wallet. They still hold about 50 stolen NFTs worth around $52,000.

Approximately five hours after the attack began, Kwon commented on the incident on Twitter, saying that he got his account back and apologized for the event.

One of the victims who commented, going under the pseudonym CryptOmid.eth, said they were one of the people who got phished, losing four Cool Cats and three Azuki NFTs.

Phishing attacks like today seem to be becoming increasingly common in the crypto space. Only four days ago, on July 11, a hacker stole approximately $8 million in crypto assets in a phishing attack targeting Uniswap liquidity providers. The way both attacks were conducted is strikingly similar.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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