2023-08-09 17:28:00
Sunday, August 6, the blockchain security company PeckShield said via a post on Twitter that the number of stolen NFTs dropped by almost 31 % during the month of July, so as to reach $1.73 million. This is a significant reduction compared to 2.27 million dollars flights of NFTs recorded for June.
PeckShield analysts add that more than half of stolen NFTs were resold on various exchanges like OpenSea or Blur within 2 hours of the flight. A closer look at the numbers reveals that NFT flights have been decreasing since the beginning of 2023.
With the exception of the months of February and March, when almost $27 million in assets were stolen, the other months recorded less than 5 million dollars flights each, once more according to data from PeckShield.
Last week the Federal Bureau of Investigation (FBI) of the United States issued a official memo to warn US citizens that criminals are posing as developers linked to the NFT industry.
Despite the relative decline in the number of frauds and thefts of non-fungible tokens seen in recent times, criminal networks seem to be collectively moving towards a new financial fraud scheme. This consisting of massively hack into the accounts of developers with high notoriety on social networks, or quite simply to create almost identical profiles in order to deceive users.
A New Financial Fraud Scheme
Hackers then use the accounts of these reputable developers to do the promotion of publications concerning fraudulent NFT projects. All under cover of an extremely aggressive media campaign to generate a sense of urgency among investors. The FBI also notes extremely frequent use of phrases including the terms “limited supply” and “exclusive sale” by criminal groups.
Source : FBI
The moment an individual gets hooked by this scheme, they are quickly lured to a fake site (phishing) where he is asked to connect his crypto wallet in order to buy digital assets.
From this point, the transfer of funds is made to wallets operated by the criminals. FBI agents also note that hackers tend to obscure their various transaction movements by sending a large part of the stolen cryptocurrencies to crypto mixers.
As a reminder, a crypto mixer is a platform for anonymizing transactions by mixing potentially identifiable crypto funds with others in order to obscure the trail to the original source of the funds in question.
In recent news, observers have been able to see a series of such incidents, including the hacking of the investment firm’s Twitter account Blockchain Capital or that of Hayden Adamscreator of the famous decentralized trading platform Uniswap.
Source : CryptoSlate
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#NFT #thefts #July #PeckShield
