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Another PSA – Another Scam To Watch Out For

July 11, 2023
in Web3
Reading Time: 2 mins read
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Scams be gettin crazzy, certainly!

We’re again with one other – and this one feels further brazen.

Yesterday, the Division of Justice (DOJ) indicted a man accused of stealing $450k price of crypto and NFTs.

How?

By making a full on web site that was virtually an actual duplicate of OpenSea.

Apparently, after making a lookalike web site of {the marketplace}, Soufiane Oulahyane used it to lure at the very least one individual at hand over the seed phrase to their digital pockets.

As soon as Oulahyane had entry to that, he merely transferred the crypto and NFTs out of the pockets, then bought the NFTs on the actual OpenSea (allegedly).

(Together with a Bored Ape price ~$92,000).

The nerve!

All of this has amounted to Oulahyane being charged with a number of counts of wire fraud, using an unauthorized entry gadget for the alleged crimes and aggravated id theft, (all having occurred in September 2021).

Whereas the OpenSea duplicate platform is now not out there, tales like these are a stark reminder to at all times triple verify the legitimacy of providers within the crypto house – particularly for those who’re requested to surrender your seed phrase.

A bit rule to stay by: If it do not look proper, it most likely ain’t!

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Tags: PSAscamWatch
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