Bored Ape Yacht Club owner NFT has a target for scammers and hackers on your back, especially if you are high profile. According to Galanis, Cameo App co-founder and CEO Steven Galanis was the victim of a crypto hack on Saturday that resulted in the loss of several NFTs, including a bored app and over $70,000 worth of cryptocurrency.
In total, over $200,000 worth of crypto assets were taken. Galanis’s Bored Ape, which records show he bought in January for $319,000, was stolen and immediately sold for $130,000. Among several other NFTs, including a few other land NFTs for Yuga Labs’ upcoming Bored Ape Yacht Club Metaverse game. Galanis was robbed of $69,000-worth of Ape Coin cryptocurrency and just under $4,000 in Ether.
Cameo is an app that allows you to buy personalized video messages from thousands of celebrities, such as Caitlyn Jenner, Lindsay Lohan and Ice T. Cameo was a hit during the first year of COVID, earning more than $100 million in 2020, though it cut 25% of its workforce back in May.
Galanis said on Twitter that his crypto wallet was hacked through his Apple iCloud account. He didn’t provide any further details, but it wouldn’t be the first time. In April, it was revealed that using MetaMask Wallet on an iPhone automatically leads to your seed phrase, the 12-word password required to log into the crypto wallet, backed up to an attached iCloud account. Accessing someone’s iCloud can mean accessing their seed phrase, which gives full control over the respective crypto wallet account. In April, a man lost $650,000-worth of crypto and NFTs due to his iCloud being compromised.
“$650,000 has already been stolen from one person and it’s going to happen to a lot more people,” A blockchain investigator wrote at the time,