The Sandbox’s Instagram Hacked, Hackers Try to Hire User’s BAYC NFT

Metaverse platform The Sandbox saw its Instagram profile hacked and used to try and rent out Bored Ape Yacht Club nonfungible tokens (NFTs) from a number of users on the social media platform. The Sandbox managed to restore control of its Instagram account a few hours later.

Hackers gained access to the profile of the voxel-powered NFT platform on September 8. Hackers advertised a fraudulent raffle ticket event that claimed to be a season 4 LAND giveaway to unwary visitors by rerouting The Sandbox fans to a fake raffle giveaway URL.

The company claimed that the fraudulent giveaway had been promoted by getting beyond its two-factor authentication and other security safeguards. One user claimed to have lost NFTs after following the fraudulent link, and the profile’s website address was altered.

Sandbox co-founder and chief operating officer Sebastien Borget revealed that the hackers then reached out to a number of users on Instagram with Bored Ape Yacht Club profile pictures in an attempt to “rent” out the NFTs – offering 40 Ether (ETH) to use the BAYC NFTs for 24 hours.

According to Borget, The Sandbox managed to recover control of its Instagram account a few hours later, while stories promoting the fake giveaway were still live on the account at the time of publishing.

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