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Yuga Labs co-founder warns of possible fraud: Twitter insiders should plan hack attack

admin by admin
June 14, 2022
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Yuga Labs co-founder warns of possible fraud: Twitter insiders should plan hack attack
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Gordon Goner, one of the co-founders of Yuga Labs, warned of a possible attack on his social media accounts under the Yuga Labs umbrella. He had received “credible information” that an insider from Twitter was helping to circumvent the security measures of accounts.

Yuga Labs, the company behind the popular non-fungible tokens (NFT) Bored Ape Yacht Club (BAYC) and Otherside, has contacted Twitter directly in connection with security after receiving information about a planned attack on their social media accounts.

We’ve received credible information that there may soon be an attack on our social media accounts, using an inside source at @Twitter to bypass our security.

There are no surprise mints. Ever.

– GordonGoner.eth (@GordonGoner) June 11, 2022

Shortly after the warning, Twitter employees actively monitored the activity on the accounts and strengthened the existing security precautions. As part of the warning, Goner informed investors that the company will never conduct surprising mints. With this method, attackers like to lure their victims.

The popularity and public demand for Yuga Labs’ NFT offerings led to the fact that there were many scams related to the monkey theme. On June 5th, attackers gained access to Yuga Labs’ BAYC and OtherSide Discord groups and gained over 145 Eth.

BAYC & OtherSide discord got compromised‼ï

Seems because Community Manager @BorisVagner got his account breached, which let the scammers execute their phishing attack. Over 145E in what was stolen

Proper permissions could prevent this pic.twitter.com/lCl2DfZQ0W

– OKHotshot (@NFTherder) June 4, 2022

An investigation by on-chain analyst OKHotshot revealed that the Discord account of Boris Vagner, community and social manager at Yuga Labs, was hacked in the attack.

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