- Crypto sleuth ZachXBT has identified two scammers who defrauded NFT holders for millions of dollars.
- The phishing scammers defrauded the holders of Bored Ape Yacht Club and left a trail of transactions behind.
- With the Ethereum Merge drawing close, NFT holders need to beware of phishing scams in the Web3 ecosystem.
An on-chain analyst and investigator has tracked down two scammers who defrauded investors of their Bored Ape Yacht Club NFTs. Fortunately by following a few simple steps, NFT holders can stay safe from phishing scams and impersonators in the Web3 ecosystem.
Also read: Here’s what to expect from Bitcoin, Ethereum price as Thailand tightens regulation
Analyst uncovers phishing scammers who defrauded users
Over the past year, scammers have become more creative at phishing users in Web3. ZachXBT, an on-chain analyst and investigator, concluded an investigation into NFT scams and identified two phishing scammers from France who defrauded people out of NFTs worth millions of dollars from their trail of transactions.
The two scammers claimed their first victim, Twitter user Dilly Dally for Bored Ape Yacht Club (BAYC) #237 after clicking on a link shared by a verified member of the BAYC Discord and approving a transaction on a website. The user was led to believe that clicking on the link would produce an animated version of his ape. Unfortunately, he fell victim to a scam and once the transaction was approved he lost his NFT…
