Popular NFT thought leader NFT God claims to have lost a “life-changing amount” of NFT. On January 14, the influencer announced that all of his digital support was “hacked and used to hurt others.” NFT God is the latest victim of crypto scammers. The scams also sent malicious emails to some 16,000 of his closest followers. Learn more about the incident below.
NFT God Hack: How did it happen?
NFT God claims that a sponsored advertising link led to this hack. This specific link contains malware that later allowed hackers to access the NFT God system. The influencer then lost access to Twitter, Substack, Gmail, Discord, and wallet accounts due to the hack. This further led to the anonymous crypto builder losing almost all of his digital assets and collateral damage to his closest supporters.
NFT God claims that they used their Ledger as a hot wallet instead of a cold wallet. Thus, this left them open to hackers. To be specific, they entered the seed phrase in a way that “didn’t make it a cold wallet anymore.” This, in turn, grants hackers access to users’ NFTs and crypto. Thus, the malicious software entered the system due to NFT God clicking on a fake download link. NFT God was trying to download the popular video streaming software OBS and clicked on one of the sponsored ad links, instead of the official link.
The influencer was aiming to live stream a video game for the first time, via OBS software (installed). However, a couple of hours after the installation, Twitter user Klopp.eth reported NFT God of the strange activity.
Malicious emails
The NFT influencer found out about the hack because a series of phishing tweets were sent through two of NT God’s accounts. In addition, the scammers sent two malicious emails to 16,000 NFT Gods Substack subscribers. This caused even more damage to more than a year of work and the trust of the community.
The data suggests that the hacker stole 19 ETH (~$30,000) and a Mutant Ape NFT, among various other assets. The hacker downloaded the cryptocurrencies/NFTs into various wallets before exchanging them on FixedFloat for other cryptocurrencies.
Malware in Google Ads
NFT God, like many others in the crypto community, falls victim to malware-targeting software in Google Ads. Cyber security firm Cyble mentions “Rhadamanthys Stealer”, which is malware that spreads via Google ads. The software runs a program with a ‘Trojan horse’, after which the encrypted asset’s mnemonic connects to the Internet on the computer. This makes it easier for hackers to steal data from the system.
After the phishing attack, they expressed regret over their decision not to immediately buy a cold wallet, but also state that buying a cold wallet may not have made much of a difference. They claim that people should be careful about everything they do on the Internet. To stay safe from hacks and scams, check out our articles on NFT safety and security.
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This article is educational material.
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