Hackers infiltrated Discord channel selling Twitch co-founder’s NFT, scammed more than 150,000 USD

Last week, Justin Kan – co-founder of livestreaming platform Twitch – announced the website Fractal – an online marketplace that allows buying and selling in-game items in the form of NFTs. Not long after the Discord channel was officially online, the crooks posted on the server an advertising link, announcing the sale of 3,333 NFTs. Everything falls apart from here.

Reporter Zach Bussey reports that: users immediately trust the newly posted link, because it originates from a reputable internal account in the server. As it turned out, the crooks had gained access to Fractal’s Discord server management bot, and then posted a link to the “Fractai” website (with a capital I).

Before being discovered, the crooks “sold” a total of 3,294 NFTs through the fake address. The investigation revealed that the buyer did not receive any NFT, the total loss after the incident amounted to 150,000 USD.

The Fractal development team has issued an official apology, and promised to “correct the mistake” in the future. A total of 373 people have fallen victim to the scam, but according to the Fractal management team, this is only 0.3% of the total membership of more than 100,000 people. Fractal said it would “compensate all 373 victims”.