Graphic designer and digital artist Mike Winkelmann, AKA Beeple, has been the victim of a phishing scam involving the theft of more than $70,000 in Ethereum (ETH) from users.
According to the NFT artist and his peers on Twitter, an unknown phishing link was shared from Beeple’s account that when clicked on stole the users’ crypto.
The hackers produced the link to announce a new “raffle” concerning Beeple’s latest Louis Vuitton collaboration.
However, according to Harry Denley, a security expert at cryptocurrency wallet MetaMask, when users of the social media account clicked the link, their ETH was automatically drained from their accounts.
Denley said that more than $50,000 in ETH was stolen, to which the hackers then continued to use the artist’s account for a further scam. A reported total of $72,165.60 was taken.
After recovering his account, Beeple took to Twitter: “Ugh, well that was a fun way to wake up. Twitter was hacked but we have control now.”
He later added: “Stay safe out there, anything too good to be true IS A F***ING SCAM. And as a side note, there will never be a SURPRISE MINT I mention one time in one place starting at 6am Sunday morning.”
It is not uncommon for scams to occur in the crypto world, and Twitter is a high-risk social media outlet for such hacks. This attack comes after the artist’s most recent work with Madonna, creating a three-video NFT collection for charity.
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