Hacker tastes own medicine as community gets back stolen NFTs

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Tales of traders being scammed out of their non-fungible coins were all too common at the height of the NFT boom. However, in a dramatic turn of events, the Solana community banded together to “scam” the fraudster in order to get back some of the stolen NFTs.

It all started with the hacking of cross-chain game development studio Uncharted NFT’s Discord channel, where scammers managed to drain 109 user wallets. The scammers managed to acquire more than 150 SOL tokens and 25 NFT tokens in the World of Solana (WOS), including three rare and highly valuable digital collectibles.

WOS is a collection of 2,222 unique heroines, with the most expensive avatar currently listed for SOL 123 ($5,600). The current minimum set price is 2.03 SOL.

In the wake of the hack, the community decided to recover the stolen NFTs. The WOS team reached out to their development partner, who goes to Cyberfrog on Twitter, and raised royalties on stolen NFTs to 98% from the default 5%.

RELATED: Nifty News: Solana NFT sales surpass $1.6 billion, washed up trading on LooksRare and more

The community was asked to monitor the Solana NFT MagicEden Marketplace for any new listings. The scammer fell into the trap within two days, and the community managed to buy back 15 NFTs, while the other 10 were sniped.

Sniping is the process of waiting until the last few seconds of an NFT auction to submit a winning bid. This strategy is used to prevent other NFT bidders from submitting a higher bid before the auction ends.

The community was able to redeem another 10 NFTs as well and return the 25 WOS NFTs to the rightful owner.

The Twitter thread detailing the hack events and community work to get them all back asked community members to “always use a copier wallet and be careful when minting.” The small NFT community has been able to fall back on scammers twice now.

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