Bored Ape Club Instagram hacked, NFTs stolen
The hacker has reportedly walked away with NFTs worth millions
By Shashank Bhardwaj
On Monday, April 25, the Instagram account of the popular NFT collection Bored Ape Yacht Club (BAYC) was hacked. According to BAYC, the hacker conducted a phishing scheme that resulted in the theft of millions of dollars in non-fungible tokens (NFTs) from the account's followers.
The BAYC collection consists of 10,000 NFTs of computer-generated apes made by Yuga Labs. Having launched last April, the Apes have become immensely popular, with the entire collection driving global sales of over $1 billion.
The writer is the founder at yMedia. He ventured into crypto in 2013 and is an ETH maximalist. Twitter: @bhardwajshash
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