Blockchain community busts alleged $20M NFT drop scam before sale completion By Cointelegraph
[ad_1]
Late Wednesday, internet detective and Youtuber Coffeezilla published a new video documenting how he, along with members of the blockchain community, took down an alleged $20 million nonfungible tokens, or NFT, scam before it could come to fruition. As told by Coffeezilla, a lot of user hype previously existed for a novel crypto project called “Squiggles,” which had an NFT drop scheduled for Feb. 10. At the time, Squiggles had amassed over 230,000 followers on Twitter (NYSE:).
Hours before the anticipated drop, an anonymous user published a 60-page report that alleged Squiggles’ founders were paid puppets. At the same time, the real people behind the project allegedly belonged to a group of serial NFT scam artists operating under the umbrella name “NFT Factory LA.” Coffeezilla narrates while citing the dossier:
Continue Reading on Coin Telegraph
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
[ad_2]
Source link
Late Wednesday, internet detective and Youtuber Coffeezilla published a new video documenting how he, along with members of the blockchain community, took down an alleged $20 million nonfungible tokens, or NFT, scam before it could come to fruition. As told by Coffeezilla, a lot of user hype previously existed for a novel crypto project called “Squiggles,” which had an NFT drop scheduled for Feb. 10. At the time, Squiggles had amassed over 230,000 followers on Twitter (NYSE:).
Hours before the anticipated drop, an anonymous user published a 60-page report that alleged Squiggles’ founders were paid puppets. At the same time, the real people behind the project allegedly belonged to a group of serial NFT scam artists operating under the umbrella name “NFT Factory LA.” Coffeezilla narrates while citing the dossier:
Continue Reading on Coin Telegraph
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
About The Author
