Zero dollar purchase NFT phishing

Zero dollar purchase NFT phishing is a type of scam that targets individuals who are interested in buying or selling non-fungible tokens (NFTs). In this type of scam, the attacker creates a fake NFT marketplace or platform that appears to be legitimate. The attacker then offers NFTs for sale for a very low price, such as zero dollars, to entice victims to purchase them.

Once the victim purchases the NFT, the attacker then asks for sensitive information, such as the victim's private keys or seed phrases, to transfer the NFT to the victim's wallet. The attacker can then use this information to steal the victim's cryptocurrency assets.

Here's an example of zero dollar purchase NFT phishing:

  1. A user finds a website that offers NFTs for sale at a very low price, such as zero dollars.

  2. The user purchases an NFT from the website, believing it to be legitimate.

  3. The attacker then asks the user for their private keys or seed phrase to transfer the NFT to the user's wallet.

  4. The user provides the information, believing it to be necessary for the transfer.

  5. The attacker then uses the information to steal the user's cryptocurrency assets.

It's important to be cautious of websites or platforms that offer NFTs for sale at very low prices and to only purchase NFTs from reputable sources. Additionally, it's important to never provide sensitive information, such as private keys or seed phrases, to anyone, even if they claim to be necessary for a transaction.

Interested in hearing from people who have been hacked: How I hot hacked

https://www.ledger.com/academy/series/how-i-got-hacked

Sources

NFT Scams: How to Protect Yourself https://decrypt.co/resources/cybersecurity-in-web3-protecting-yourself-and-your-ape-jpeg

Non-fungible tokens: What they are and why they're valuable https://www.theverge.com/22310188/nft-explainer-what-is-blockchain-crypto-art-faq

getoffdeez

Just keep flapping

Previous
Previous

Let’s talk Wallets

Next
Next

Seed phrase phishing