A word of warning to those in the NFT collecting game, the dubious underbelly of scammers and scam artist continues to broaden its creativity. Using levels of skulduggery and subterfuge the likes of which boggle the mind.
In her newest thread, self-professed mindful collector, Jennie Cute Feline, explains how she was scammed via a sophisticated NFT scam. As a result, losing around 0.6 ETH ($1700) in funds, but coming away a little more cautious and a degree wiser following the incident.
In what comes as a genuinely wise move, Jennie decided to follow the deals of NFT influencers instead of listening to their silken words. To do this, she established an alert system on icy.tool which would notify her of any activity.
As an outcome, an alert set off from someone on her list of respected collectors, and Jennie leapt in to examine. Letting the FOMO get the better of her, Jennie then snapped up 5 NFTs for 0.12 each.
Soon later on, the dread embeded in. The transactions didn’t appear on OpenSea, and the NFTs notable for their lack. She was the victim of a lavish ploy, hooked by those exploiting members who check out in between the deals. Thankfully, Jennie performed herself through a designated hot wallet, and the damage limited to what she had invested. Others nevertheless, were not so lucky.
As an outcome, an alert triggered from someone on her list of highly regarded collectors, and Jennie leapt in to investigate. Letting the FOMO get the much better of her, Jennie then snapped up 5 NFTs for 0.12 each.
The transactions didn’t reveal up on OpenSea, and the NFTs notable for their lack.