Share this article

Monkey Drainer Scammer Strikes Again, Steals $800K of NFTs

The phishing scammer made off with seven Crypto Punks and 20 Otherside NFTs.

Updated Oct 11, 2023, 2:50 p.m. Published Nov 4, 2022, 11:12 a.m.

Notorious non-fungible token (NFT) scammer Monkey Drainer has stolen $800,000 worth of CryptoPunk and Otherside NFTs, according to blockchain sleuth ZachXBT.

The hack was the second in as many weeks, with the prolific phishing scammer swindling $1 million worth of crypto and NFTs on Oct. 25.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

This time, the wallet tagged as Monkey Drainer stole seven CryptoPunks and 20 Otherside NFTs before flushing the ill-gotten gains through anonymous coin mixer Tornado cash, as reported by blockchain security firm PeckShield.

The latest attack follows a worrying trend across the crypto industry, with more than $718 million being stolen across decentralized finance (DeFi) protocols during the first two weeks in October, making it the worst month for hacks since the inception of cryptocurrencies.

American actor Bill Murray fell victim to one of these hacks in September, with an unidentified attacker stealing $185,000 from Murray's personal wallet after he closed an NFT auction.

Read more: Phishing Scammer Has Drained $1M in Crypto and NFTs in Past 24 Hours, Says On-Chain Sleuth

More For You

More For You

Wall Street giant Apollo deepens crypto push with Morpho token deal

Statue of Apollo (Boston Public Library/Unsplash)

The asset manager overseeing more than $900 billion assets may buy up to 90 million MORPHO tokens as part of a partnership to support DeFi credit market, it said.

What to know:

  • Apollo Global Management struck a cooperation agreement to support lending markets built on Morpho’s onchain protocol.
  • The deal allows Apollo to acquire up to 90 million MORPHO tokens over 48 months.
  • The move follows BlackRock's push into decentralized finance earlier this week, listing its tokenized fund and buying tokens of decentralized exchange Uniswap.