Once again we’re reminded of the perils that can befall private key holders, as a big name in the NFT space gets his tokens pinched.
- Nikhil Gopalani, COO of Nike’s RTFKT web 3 brand, has suffered a hack resulting in at least $173k worth of NFTs being drained from two of his wallets. The majority of the value stolen was in the form of 19 NFTs of the hugely popular CloneX collection.
- Gopalani says the hack took the form of a phishing attack, in which the attacker impersonated Apple customer support. Most of the NFTs have already been sold, with Gopalani trying to stay positive by tweeting that he hopes those who bought them “love them.”
- RTFKT has been a major name in the NFT space for over a year, and was acquired by Nike in December 2021 for an undisclosed amount. Since then however, weekly NFT trading volume has plummeted by over 80%.