Contents
Brooklyn District Attorney Shuts Down 40 NFT Scam Websites After Artist Loses $135,000
Scam Targeting Artist
Artist Falls Victim to Impersonator
An 85-year-old artist fell prey to a scam after an impersonator posing as an art dealer convinced him to mint his artwork on a fake NFT marketplace resembling New York’s OpenSea.
Promise of False Profit
The victim was duped into believing he had made a profit of $300,000, but in order to withdraw the funds, he was required to pay a hefty “fee” of $135,000.
Counterfeit OpenSea Website
Links to Nigerian Sources
The counterfeit OpenSea website that was used in the scam is believed to have ties to Nigerian sources, according to the Brooklyn District Attorney’s office.
Wallet Recovery Phrases Scam
Some of the fraudulent websites prompted visitors to enter their cryptocurrency wallet recovery phrases, potentially allowing scammers to drain the contents of users’ online wallets.
Readers are advised by ChainCatcher to approach blockchain with caution, increase awareness of potential risks, and exercise care when dealing with various virtual token offerings and speculations. All information provided on this platform is either market-related or reflective of personal opinions, and should not be considered as investment advice. Should any sensitive information be identified within the content, please utilize the “Report” feature for prompt resolution.
The information in the article is for informational purposes only. It does not constitute any investment advice. The author and CryptoBlockNews.com are not responsible for your profits or losses arising from your investments. Investment is ultimately based on many foundations such as knowledge, accumulation, experience, research and personal decisions.
