Artist Mike Winkelman, also known as Beeple, took to his Twitter account to post phishing links.

⚠️ Beeple’s Twitter account was hacked to run a phishing website to steal money (ATO).

0x7b69c4f2ACF77300025E49DbDbB65B068b2Fda7D
0xF305F6073CFa24f05FF15CA5b387DD91f871b983 pic.twitter.com/0MPNwOPlEu

— harry.eth 🦊💙 (whg.eth) (@sniko_) May 22, 2022

Users were invited to a website that Beeple allegedly had in partnership with fashion house Louis Vuitton.

Cybersecurity expert harry.eth from the MetaMask team stated that monitoring the connection led to an unauthorized withdrawal of funds from the user’s wallet. 35 ETH (~$71,200) was the spoils of the attackers.

Then, the hackers changed tactics and posted a new phishing link. As a result, the attackers received another 100 ETH and 45 NFTs. In total, users lost about $438,000 in assets.

Assuming everything is safe, bad actors managed to scam during this tweet:

number 1 scam
36ETH (~72k USD)
0xf305 not yet withdrawn

fraud #2
62.35ETH (~125k$)
37.59 WETH (~$75k)
45 NFT (estimated ~$166,000)

Total = $438k (~5 hours active)

— harry.eth 🦊💙 (whg.eth) (@sniko_) May 22, 2022

Unidentified people held control for about five hours before they managed to restore the artist’s account.

It was a fun way to wake up. 😫

Twitter was hacked, but now we’re in control. big thanks @garyvee ‘a team for quick help!!!! 🙏🙏🙏

– beep (@beep) May 22, 2022

Recall, in March 2021, Beeple sold Everydays: The First 5000 Days in NFT form for $60.3 million at Christie’s auction, with the buyer paying $69.3 million in fees.

In May 2022, the artist announced the release of a joint NFT collection with pop star Madonna.