A London-listed NFT specialist has lost $250,000 in a fraudulent phishing attack.

NFT Investments, an incubator specialising in the market for non-fungible tokens, discovered the attack from ‘an unknown external source’ on 9th January 2023.

It said the amount stolen represents less than 1% of its current net asset value, adding: “The board has seen no evidence that the financial performance of the company has been impaired.”

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“On becoming aware of the attack, NFT immediately implemented its incident response plan and will commission a third party report to investigate the circumstances of the incident,” it stated. 

“Separately, the company is examining additional technical precautions in its systems and controls in order to prevent a similar event from occurring in the future.

“The company will inform the market if there are any notifiable changes to the situation.”

NFT Investments PLC was the first ever NFT vehicle to list in a major jurisdiction worldwide. The company invests in a diversified portfolio of NFTs, cryptocurrency, and/or in companies or funds which have exposure to NFT or blockchain technology.

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