$100M+ in NFTs Stolen: BAYC Most Targeted in Year of Rampant Scams
More than $100 million worth of non-fungible tokens (NFTs) has been stolen over the past year, according to a report by Elliptic. The theft of digital currencies might have been more publicized, but NFTs have seen significant exploits and cash drains. More than US$100m worth of NFTs were stolen in a variety of scams between January and July of this year, according to a new report by the blockchain analysis firm.
BAYC Remains the Prime Target for NFT Thieves
According to a recent report published by Elliptic, Bored Ape Yacht Club (BAYC) remained the most exploited NFTs collection in the past 12 months. The Elliptic research says more than $100m worth of NFTs were publicly reported as stolen through scams between July 2025 and July 2025 (likely meant to be July 2021-2022), netting the perpetrators significant profits. Retrospectively, the scale of these thefts is alarming.
Over $100 Million in NFTs Stolen: A Deep Dive into the Data
According to Elliptic, more than $100 million worth of NFTs were stolen between July 2025 and July 2025 (likely meant to be July 2021-2022). Just from July '21 to July '22, over $100 million worth of NFTs were publicly reported as stolen via scams, highlighting a major security concern within the NFT space.
The Cost of Stolen Apes: BAYC NFTs Dominate Losses
BAYC is the most valuable NFT series stolen, with 167 pieces worth more than 43.6 Ethereum being lost. The report published on Wednesday titled details the alarming trend of NFT thefts and the impact on the community. The significant value attached to BAYC NFTs makes them a prime target for sophisticated scams.