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Over $765K worth of NFTs stolen after SIM swap attack on Gutter Cat Gang

Over $765K worth of NFTs stolen after SIM swap attack on Gutter Cat Gang

The unhealthy actors frail a faux Gutter Cat Gang airdrop rip-off to empty of us’s wallets, with a minimum of $700,000 worth of NFTs stolen from a single take care of.

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Over $765K worth of NFTs stolen after SIM swap attack on Gutter Cat Gang

Bigger than $765,000 worth of nonfungible tokens (NFTs) has been stolen as phase of a reported SIM swap attack on the Gutter Cat Gang NFT challenge.

The safety breach modified into highlighted by several NFT community individuals at around 8:00 pm UTC on July 7, with Gutter Cat Gang co-founder Gutter Mitch tweeting out a warning: “Our Twitter has been compromised please fabricate no longer have interaction with any links.”

Our Twitter has been compromised please fabricate no longer have interaction with any links

— Gutter Mitch (@GutterMitch) July 7, 2023

Alongside the first price Gutter Cat Gang story, co-founder Gutter Ric modified into also hacked.

The hackers frail the accounts to portion links to pretend restricted edition Gutter Cat Gang NFT sneaker airdrops that basically drained of us’s sizzling wallets after they clicked on them.

To way the fictitious links witness more authentic, the tweets incorporated current Gutter Cat Gang branding and imagery from the challenge’s phygital sneaker fall in partnership with Puma and NBA/Charlotte Hornets considerable person LaMelo Ball.

GutterCatGang Twitter story has been compromised please fabricate no longer have interaction with it. #GutterCatGang @gutterdan_ @GutterCatGang —-> ⚠️⛔️ pic.twitter.com/tBu9fwBI7m

— Burden © (@0x_burden) July 7, 2023

Responding to Gutter Mitch’s thread, prominent blockchain sleuth ZachXBT asserted that the employees modified into hacked by the use of a  SIM swap attack, as he wondered the employees’s cybersecurity practices.

“Your employees better witness at a compensation opinion for victims because it is miles injurious negligence to dangle frail SMS 2FA for your socials in the end of the current SIM swaps,” ZachXBT stated.

Linked: $794K SIM swap hacker PlugwalkJoe sentenced to five years in detention center

In a separate thread, ZachXBT highlighted two victims of the attack, with one dropping a Bored Ape Yacht Membership NFT worth $65,913 at current floor prices, and one more dropping a whopping $700,000 worth of NFTs from a bunch of blue chip collections.

Any individual else appropriate lost $700k of sources (couple BAYCs, MAYC, Doodles, BAKCs, etc) pic.twitter.com/noNvkqkw9U

— ZachXBT (@zachxbt) July 7, 2023

Offering an change on the topic, Gutter Cat Gang co-founder Gutter Dan stated: “We’re working with Twitter to catch earn admission to to the compromised Gutter-affiliated Twitter accounts.”

“We deeply sympathize with all those impacted and must negate you that we are taking this topic very severely and are working with regulations enforcement to assessment the hack and security breach,” he wrote.

We’re working with Twitter to catch earn admission to to the compromised Gutter-affiliated Twitter accounts. We deeply sympathize with all those impacted and must negate you that we are taking this topic very severely and are working with regulations enforcement to assessment the hack and…

— Gutter Dan (@gutterdan_) July 7, 2023

On the time of writing, it appears that the accounts are peaceable compromised.

Gutter Cat Gang modified into launched in mid-2021 and contains 3000 unheard of NFT chilly intelligent movie cat avatars. The current floor label sits at 0.5 Ether (ETH), up practically 615% from the preliminary payment to mint, in accordance to NFT Label Ground.

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