Categories
Security

Cameo’s CEO fell victim to the latest Bored Ape NFT heist

Non-fungible token, or NFT, thefts aren’t uncommon, but they continue to be a little mind-boggling— a bizarre combination of high risk and massive financial losses. The latest high-profile target is Steven Galanis, the CEO of celebrity video platform Cameo. Galanis reported over the weekend that he’d gotten his Apple ID hacked, and as a result, he lost a variety of NFTs. Most prominently, that included a Bored Ape Yacht Club ape that he bought for nearly $320,000 in January.

Galanis tweeted about the theft of Ape #9012 on Saturday, following a bot reporting the NFT being resold. Galanis originally purchased the ape for 100 Ethereum — around $319,500 at the time of purchase — and the alleged thief flipped it to a new owner for 77 Ethereum, which is now worth around $130,000. Galanis tweeted that he’d also lost several other crypto assets, including BAYC-adjacent Otherside tokens and around 9,000 ApeCoin cryptocurrency tokens, currently worth around $66,000. As of this writing, OpenSea has frozen the ape in question, preventing the new owner — who goes by MonroeSaintJames — from selling it through the platform.

The exact hack mechanics aren’t clear from Galanis’ tweets. Some Twitter users suggested he’d kept a copy of his seed phrase (essentially a security key that can be used to get access to a crypto wallet) in a service that uses iCloud backups, giving the hacker access after his account was compromised. Galanis didn’t immediately reply to a Twitter direct message seeking confirmation from The Verge.

But plenty of other NFT owners have been hacked, sometimes for extraordinary sums. Actor Seth Green had an ape (which was also the star of an upcoming TV series from Green) hacked from his crypto wallet, then purchased it back for around $300,000. More egregiously, a hacker stole over $1 million in tokens by compromising the official BAYC Instagram account and phishing NFT owners. It’s theoretically easy to trace these transactions but essentially impossible to reverse them short of arranging a transfer with the new owner like Green did. So far, Galanis hasn’t done so — but if he wants the ape back, he may have no other choice.



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Categories
Computing

A Truckload’s Worth of EVGA GPUs Stolen in GTA-Style Heist

EVGA has been hit by a heist that’s worthy of the silver screen. In a scene ripped straight from Heat or your favorite version of Grand Theft Auto, robbers intercepted a truck carrying a shipment of EVGA RTX 30-series graphics cards and made off with them. The company hasn’t said how many cards were stolen, though it says they range anywhere from $330 to $1,959 in value.

EVGA product manager Jacob Freeman shared the news on the EVGA forums. Although Freeman didn’t share the exact models that were stolen, the list prices show that some RTX 3060 and RTX 3090 models were among those stolen. There’s no telling how much value the total stolen shipment represents, but with some cards selling for nearly $2,000 a piece, it’s probably high.

The heist took place on October 29 while a shipment of EVGA graphics cards was being transported from San Francisco to EVGA’sSouthern California distribution center. It’s not clear now if a single person carried out the heist or if it was a group.

Freeman took time to remind the forum that it’s illegal to buy or receive stolen property under California law, and said that EVGA won’t honor any warranties or upgrade claims on the stolen cards. This is an important note to keep in mind if you’re shopping on the secondhand market. If you can’t register your graphics card with EVGA, there’s a chance it came from the stolen shipment.

Unfortunately, this isn’t the first time we’ve heard about GPU heists. In June, a thief in China managed to walk out of an internet café with $8,000 worth of stolen graphics cards. And in April, Hong Kong authorities intercepted a boat smuggling somewhere in the range of 300 GPUs out of China.

It’s no secret that GPUs have been hard to find over the past year. The GPU shortage has made it difficult for retailers to keep cards in stock, and with promising prospects on the secondhand market, scalpers have continued to capitalize on demand. An EVGA RTX 3090 sells for around $3,000 on eBay, so it’s no surprise that GPUs have become a high-value target.

EVGA has set up the stopRTX30theft@evga.com email address for people to share any information related to the heist. If you happen upon a stolen card while shopping, we recommend notifying EVGA and the platform you bought the card on.

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