Hackers behind series of NFT hacks in April currently hold more than 1,300 ETH on their main wallet
April will go down in cryptocurrency market history as the month with the most hacks in the DeFi and NFT industry, as U.Today has covered various hacks, exploits, and scams over the past 30 days. The group of hackers Zachxbt is behind the newest hacks in the industry.
According to the on-chain sleuth, the hacker group behind most NFT Discord hacks in the past few months is currently holding around $4 million in Ethereum in its main wallets. While the amount does not seem significant considering the number of reports in the industry, we should keep it in mind that it does not include funds moved through coin mixing solutions, which is most certainly the largest portion of the stolen money.
The most recent hack, concluded last weekend, saw hackers earn over $300,000 in ETH by selling stolen NFTs. The hack allowed Zachxbt to track the route of funds that were actively being transferred from one wallet to another. Later, ETH ended up in the main wallet, which contains the total mentioned above.
With the help of ENS tied to wallets noticed in the scheme, Zachxbt was able to track down the Twitter accounts of hackers. Behind The333Club hack were at least four ENS addresses, with two of them tied to anonymous Twitter accounts.
According to the researcher, this is just one of many hacker groups that use social engineering and phishing websites to steal other people’s NFTs or money in any form. Apparently, these groups originated from forum websites and could have already earned eight figures from the NFT scam alone.
