I would question how an Instagram account causes nft to be stolen… But we are on meme so let’s leave it at that.
They compromised the official Instagram account then phished its followers for their NFTs.
The attacker seized control of the BAYC Instagram account and sent a phishing post that many followers were fooled into clicking on, connecting their crypto wallets to the hacker’s “smart contract” – a mechanism for implementing a crypto transaction. That enabled the attacker to steal the assets held in the wallets, seizing control of four Bored Apes, as well as a host of other NFTs with an estimated total value of $3m.
well in that case it’s fine. the blockchain is tamper-proof after all, so it must have been legitimate transfers.
Of course, because if it’s a legitimate theft, the block chain has ways to try to shut that whole thing down.
🤌
