Yuga Labs co-founder warns Yuga Labs Twitter account could be hacked

 Anonymous Yuga Labs co-founder Gordon Goner has issued a warning that their Yuga Labs-owned social media accounts may have been compromised after receiving "credible information" from Twitter insiders who would help bypass account security.

Yuga Labs, home to some of the most popular NFTs including Bored Ape Yacht Club (BAYC) and Otherside, reached out to Twitter for security after receiving information that its social media accounts might have been hacked.

We have received credible reports that our social media accounts may soon be compromised, using @Twitter insider tips to bypass our security measures.

No surprise casting. forever.

— GordonGoner.eth (@GordonGoner) June 11, 2022

Shortly after issuing the warning to the community, Twitter officials began actively monitoring the activity of these accounts, in addition to beefing up existing security measures. Alongside the proactive warning, Goner informed investors that the company would never do surprise minting — a common method attackers use to lure victims.

The popularity and public demand for Yuga Labs’ NFT offerings inadvertently led to the rise of ape-themed scams. On June 5, attackers successfully breached Yuga Labs' BAYC and OtherSide Discord groups and stole over 145 Ethereum (ETH).

The discord of BAYC and OtherSide has been destroyed‼ ️

It appears that community manager @BorisVagner's account was compromised, which allowed the scammers to carry out their phishing attacks. More than 145E stolen

Appropriate permissions may prevent this

— OKHotshot (@NFTherder) June 4, 2022

An investigation by OKHotshot revealed that the attack was carried out by hacking into the Discord account of Yuga Labs' community and social manager Boris Vagner.

The Optimism layer-2 scaling solution lost 20 million OP tokens after falling victim to a market maker smart contract vulnerability.

Of these, 1 million tokens worth about $1.3 million were sold and 1 million tokens worth about $730,000 were transferred to Vitalik Buterin’s Ethereum address on Optimism. The remaining 18 million tokens remain dormant and can be sold or used to influence governance decisions.