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Fake OpenSea Site Leads to $450K Crypto Theft

July 11, 2023
in Crypto Exchanges
Reading Time: 1 min read
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The publish Faux OpenSea Web site Results in $450K Crypto Theft appeared first on Coinpedia Fintech Information

Soufiane Oulahyane, a Moroccan citizen, has been charged by the US Division of Justice for making a faux model of the net market OpenSea. Utilizing a cybercrime method referred to as “spoofing,” Oulahyane gained unauthorized entry to digital belongings and NFTs. He lured Manhattan NFT house owners to his fraudulent OpenSea web site, tricking them into revealing their seed phrases. Oulahyane then bought bitcoins and quite a few NFTs, together with one from the Bored Ape Yacht Membership assortment.

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Tags: 450KCryptoFakeleadsOpenSeasiteTheft
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