ZachXBT, an on-chain analyst, cracks down on two scammers from France who have been scamming people to steal NFTs worth millions of dollars, especially BAYC NFTs. The investigator believes that scammers are still on a hunt to steal Bored Ape, and warns holders to stay alert of such phishing attacks.
BAYC NFTs have grown to become valuable digital assets in the Web3 world. Almost every Bored Ape costs thousands of dollars, which has grabbed people’s attention. With popularity, the scams have also increased drastically.
Since Ethereum The Merge is coming in September, ZachXBT warned the BAYC owners to remain wary of the NFT scams. The fraudsters might identify a loophole within the mainnet and take advantage of it like they always have.