In brief

  • The Bored Ape Yacht Club Instagram account was hacked and used to briefly share a link to a scam that stole Ethereum NFTs from connected wallets.
  • In total, 91 NFTs were apparently stolen with an estimated total value above $2.8 million.

The official Instagram account for the Bored Ape Yacht Club was hacked on Monday, and it shared a link to a scam website that has apparently stolen more than $2.8 million worth of NFTs from people who connected an Ethereum wallet.

The linked website falsely claimed that Bored Ape creator Yuga Labs was offering free NFT land for its upcoming Otherside metaverse game, and that anyone who connected an Ethereum wallet would receive a free airdrop of virtual land—even if they didn’t own a Bored Ape.

It was all a scam, however: the Otherside launch is planned for April 30, and the website was not an official Yuga Labs creation. However, many people apparently fell for the ruse, with 91 NFTs stolen from connected wallets with a combined value over $2.8 million, based on the current floor price (or cheapest available NFT) from each collection.

According to blockchain sleuth zachxbt, the wallet tied to the scam managed to steal four Bored Ape Yacht Club NFTs, seven Mutant Ape Yacht Club NFTs, and three Bored Ape Kennel Club NFTs, as well as an array of other NFTs.

Other reports have claimed that the official Bored Ape Yacht Club…


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