In a worrying development, hundreds of users have recently fallen victim to phishing scams involving NFT #airdrops on the Polygon network, resulting in a shocking loss of over $1.2 million.
Scam Details
The scammers orchestrated approximately 1,354 fraudulent #NFTs on the Polygon network, deceptively mimicking legitimate airdrops from well-known projects like RocketPool, #ApeCoin #Polygon #Uniswap and $AAVE
Unsuspecting users who received these airdropped NFTs were enticed into visiting websites associated with Inferno Drainer, one of the “Scam As a Service” providers responsible for stealing $13 million in recent months. The malicious NFTs were then distributed to an astonishing 530,000 wallets, causing 329 victims to suffer a cumulative loss of $1.25 million.
How the Scam Works
The scammers executed their scheme by transferring malicious NFTs, such as ApeCoin Airdrop NFTs, to their targets using batch transfer. Recipients would open their portfolio trackers or wallets only to discover seemingly harmless NFTs. However, upon clicking on these NFTs, they were redirected to malicious websites. Tragically, victims unknowingly signed malicious signatures during the airdrop claiming process, resulting in the theft of their assets.
How to Protect Yourself
To protect yourself from these scams, you should:
Be wary of any NFT airdrops that you did not explicitly sign up for.
Never click on links in NFT airdrops or other unsolicited messages.
Be careful about what information you share online, including your wallet addresses.
Use a secure wallet and keep your seed phrase safe.
Conclusion
This scam is a reminder of the importance of vigilance in the cryptocurrency space. By following the tips above, you can help protect yourself from these attacks.
Recommendations
I recommend that you continue to monitor the situation and be aware of any new scams that emerge. If you have any concerns about a particular NFT airdrop, you can always reach out to the project's official channels for clarification.
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