The official Twitter account of BAYC metaverse Other side appears to have been hacked after the latest SEC probe into Yuga Labs. Bored Ape Yacht Club and Yuga Labs co-founder Greg Solano (@CryptoGarga) confirmed suspicious activity on his Twitter a few hours ago. What’s going on with BAYC? Let’s dig a little deeper!
What could have caused the ‘hack’ from the other side?
Otherside’s official Twitter account seems to be showing some unusual activity. Both the Twitter profile picture and cover image are gone, leaving only blank images. So far, no official sources from Yuga Labs, BAYC or related partners have advanced any knowledge of the situation.
Earlier today, the US Securities and Exchange Commission announced an investigation into BAYC. The research seeks clarity on the regulatory rules surrounding Yuga’s digital assets closer to equities. After the survey, ApeCoin (the governance token for BAYC related projects) fell sharply by ~12%. But what really raises questions is the mysterious ‘blackout’ of the official Otherside Metaverse Twitter account.
Yuga Labs co-founder @CryptoGarga tweeted to his followers not to trust anything from the Otherside Twitter, leading people to wonder if the Metaverse Twitter was the victim of a hack.
How did Crypto react to Twitter?
Crypto Twitter is definitely having a field day with the recent events. As with all news that web3 absorbs on Twitter, the usual stream of memes led to more awareness and more Twitter users asking questions and expressing outrage. The timing of the alleged Anders Metaverse hack is the real kicker.
Some people ask if they’ve tried “turning it off and on again”, and others declare a total lack of confidence in Otherside & BAYC projects. In fact, some even accuse the ‘hack’ of being an inside job. Either way, the situation raises eyebrows and questions in the NFT landscape. Therefore, if true, this would be the second time the Bored Ape Yacht Club has faced hacking issues.
