The student confessed to NFT fraud for $340 thousand and returned the money

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Someone named HEERR swindled 88 ETH from the Creature Toadz community, but was discovered and returned the money.

On Thursday, October 21, an unknown attacker hacked the Discord server of the Creature Toadz NFT project and tricked community members into sending him money. In total, the hacker managed to extort more than 88 ETH from the victims (over $340 thousand at the exchange rate at the time of the crime).

Posing as a moderator, the attacker shared a web link where community members could allegedly mint Creature Toadz. Minting is the process (often paid) of creating an NFT, which involves creating a digital signature that represents the NFT on the blockchain. While the fraud was not revealed, the victims managed to transfer 88 ETH to the hacker. According to the project team, their Discord server remained compromised for 45 minutes.

It is noteworthy that the hacker later returned all the money. Some believe that he initially had no intention of profiting at someone else's expense, and compare the attack with the attack on Poly Network, when the hacker who hacked the platform also returned the money. However, in reality, the attacker could simply be afraid of the consequences, since the specialist managed to reveal his identity.

An anonymous NFT analyst under the pseudonym OKHotshot found out who owns the Ethereum wallet to which the victims transferred funds. As the analyst told the Crypto Briefing portal, after analyzing the "paper trail" left by the hacker in Ethereum transactions, he linked it to a Twitter user under the pseudonym HEERR.

During a discussion about the hack on Twitter Spaces, initiated by Creature Toadz investor and writer Andrew Wang, HEERR publicly claimed responsibility for it.

OKHotshot, who served as a speaker at Twitter Spaces, noticed that the hacker he had calculated was on the list of listeners. The analyst turned to him personally and demanded a refund in front of everyone. Then HEERR, whose real name is still unknown, joined the discussion as a speaker, not a listener, and confessed everything. Introducing himself as a 17-year-old high school student, he said that the hack was just a joke, and he did not plan to keep the money from the very beginning.

However, OKHotshot does not believe that the hack was just a joke. According to the analyst, pretending to be holy simplicity was the only way for a hacker to avoid punishment. Whether the hacker confessed or not, OKHotshot still intends to reveal his real name.

Shortly after the meeting ended on Twitter, Spaces HEERR transferred all the money to the project team's address. Currently, Creature Toadz is not going to report the hacker and is busy returning funds to the victims. The planned real minting of Creature Toadz should take place on Friday, October 22.
 
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