NFT Scammers Get Innovative with Newest Elaborate Trickery

NFT Scammers Get Innovative with Newest Elaborate Trickery

A word of warning to those in the NFT collecting video game, the dubious underbelly of fraudsters and scam artist continues to broaden its imagination. Therefore, using levels of skulduggery and subterfuge the similarity which boggle the mind.

In her newest thread, self-professed mindful collector, Jennie Cute Cat, explains how she was hoodwinked through a fancy NFT fraud. As a result, losing around 0.6 ETH ($1700) in funds, however leaving a little more mindful and a degree wiser following the event.

In what comes as a really wise move, Jennie chose to follow the transactions of NFT influencers instead of listening to their silken words. To do this, she established an alert system on icy.tool which would alert her of any activity.

As an outcome, an alert set off from somebody on her list of highly regarded collectors, and Jennie leapt in to investigate. Letting the FOMO get the better of her, Jennie then snapped up 5 NFTs for 0.12 apiece.

The deals didn’t show up on OpenSea, and the NFTs significant for their lack. Luckily, Jennie performed herself through a designated hot wallet, and the damage limited to what she had actually spent.

As a result, an alert activated from someone on her list of reputable collectors, and Jennie jumped in to investigate. Letting the FOMO get the much better of her, Jennie then snapped up 5 NFTs for 0.12 each.

The deals didn’t show up on OpenSea, and the NFTs significant for their absence.

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Shane Beyer

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