Ozzy Osbourne's NFT project shares harmful link and followers fall victim to scam

A link shared by CryptoBatz, Ozzy Osbourne's NFT project, tricked supporters into falling victim to a phishing scam. The event generated very large losses, according to the website The Verge, with followers having high values in cryptocurrencies drained from their wallets.

The public launch of the CryptoBatz collection, a series of 9,666 non-fungible bat tokens, took place on January 20th. The name of the NFT project references the episode where the Prince of Darkness bit the head of a bat – for real – thrown on stage by a fan during a concert, on January 20, 1982 (i.e. 40 years ago). ).

various bats in NFT
Image: Disclosure/Twitter/CryptoBatz

Just two days after the tokens were minted, supporters became the target of the phishing scam, thanks to a link carrying an outdated URL that was shared on Twitter by the project's leaders. Everything points to an oversight.

Outdated URL was used in the scam

Like most NFT projects, CryptoBatz uses Discord as a place to organize their community. The project's official Discord is now accessed via the short link discord.gg/cryptobatz. But previously, CryptoBatz used a slightly different URL – it ended with the letters “nft”.

When the NFT project moved to the new URL, the scammers set up a fake Discord server on the old one. Neither CryptoBatz nor Ozzy Osbourne appear to have taken the proper precaution of deleting Twitter posts referencing the replaced URL. That is, tweets prior to the change, including from Madman himself, remained directing followers to a server now controlled by scammers.

To give you an idea, according to The Verge, a post by CryptoBatz with the harmful link – made on December 31 of last year – received more than 4,000 retweets and hundreds of responses. The tweet was only removed on January 21, after CryptoBatz was contacted by the site. According to initial observations, as many as 1,330 people may have been deceived by the coup.

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Upon accessing the fake address, a bot spoofing community management service called Collab Land asked users to verify their cryptographic assets to join the server. However, victims were directed to a phishing website, which asked to connect their cryptocurrency wallets.

Tim Silman, one of the victims, had around $300-400 worth of Ethereum (ETH) drained from his wallet after he visited the fake Discord server via a link posted on the CryptoBatz website. . Silman says that if he looks at transactions on Etherscan, others have lost much more than he has. The developer of CryptoBatz blamed the scam directly on Discord. The app, in turn, said it was aware of the incident and in contact with the affected team.

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The post Ozzy Osbourne's NFT Project Shares Harmful Link, Followers Fall Victims of Scam appeared first on Olhar Digital.

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