Hacker tastes own medicine as community will get back stolen NFTs

The tales of traders being scammed from their nonfungible tokens (NFTs)  were very common in the peak from the NFT boom. However, within an interesting turn of occasions, the Solana community joined together to “scam” a fraudster to get back some stolen NFTs.

Everything began using the Discord funnel hack of mix-chain gaming development studio Uncharted NFT, where scammers were able to drain 109 user wallets. The scammers got away with 150+ SOL tokens and 25 Realm of Solana (WOS) NFTs, including three rare and highly valuable digital collectibles.

WOS is an accumulation of 2,222 unique heroines most abundant in costly avatar presently listed for 123 SOL ($5,600). The present floor cost from the collection is 2.03 SOL.

As a direct consequence from the hack, the city made the decision to obtain back the stolen NFTs. The WOS team made contact with using their dev partner who passes the Twitter name “Cyberfrog” and elevated royalties on stolen NFTs 98% in the default 5%.

Related: Nifty News: Solana NFT sales pass $1.6B, wash buying and selling on LooksRare and much more

The city was requested to keep close track of the Solana NFT marketplace MagicEden for just about any new listings. The fraudster fell for that trap within 2 days, and also the community were able to buy back 15 NFTs, as the other 10 were sniped.

Sniping is really a procedure for waiting before the last couple of seconds of the NFT auction to make a fantastic bid. This tactic can be used to avoid other NFT bidders from putting a greater bid prior to the auction ends.

The city were able to retrieve another 10 sniped NFTs too and return the 25 WOS NFTs towards the rightful owner.

The Twitter thread detailing the occasions from the hack and also the community work to have it all back also requested community people to “always make use of a burner wallet and become careful when minting.” The little NFT community has got back at scammers two times now.

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