Crypto Scammer Manipulates Cancer Story To Peddle NFTs

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The Crypto Twitter neighborhood united in assist of a person who claimed to be a most cancers affected person and sought to promote non-fungible tokens (NFTs) to battle the illness.

The crypto neighborhood acted swiftly because the tweet gained appreciable traction, and quite a few crypto influencers joined in, urging individuals to buy the NFTs and present their assist for the artist.

Nonetheless, the scenario took a flip when Twitter customers, together with web3 artist Arcanic, promptly uncovered that the account was merely reselling paintings created by different artists like Snooow.

On Could 30, a crypto influencer named Andrew Wang took to Twitter to disclose the reality behind Pixel Penguins, the NFT challenge the alleged most cancers affected person created.

On Twitter, Wang shared a radical thread revealing the potential rip-off. The thread particulars how Hopeexist1, a self-proclaimed pixel artist, claimed to be combating eye most cancers whereas creating digital artwork for others. Nonetheless, it was later found that the paintings used within the challenge was stolen.

As well as, Arcanic make clear the truth that the identical account had beforehand employed comparable misleading techniques, equivalent to falsely claiming that their partner was battling most cancers and that they had been battling monetary difficulties.

Crypto Scammer Efficiently Transferred 63.5 ETH Proceeds From The Rip-off

The NFT challenge had amassed roughly 61.68 ether, equal to $117,000. Crypto investigator ZachXBT reported that the funds had been transferred to totally different wallets, with hypothesis that they could have been directed to the crypto alternate OKX.

BenJammin, a crypto neighborhood member who initially shared the NFT challenge, expressed his ideas on the scenario. He remarked:

We as a neighborhood got here collectively to assist somebody with a heart-wrenching story. For half a day it felt good and real once more.

One other person stated:

I’m uninterested in this shit, I joined this Web3 area due to the hunt for data, neighborhood and vibes. Now it’s a cesspool of scammers.

Arcanic additionally expressed their perspective, describing the incident as a “intestine punch” to these “striving to affect an area full of drama and opportunistic people positively.”

Nonetheless, Arcanic emphasised that the crypto Twitter neighborhood maintains and can stay empathetic and compassionate, suggesting that folks haven’t diminished their capability to grasp such conditions.

The scammer has since deactivated her Twitter account, and consequently, the Pixel Penguins assortment ground worth plummeted by 86% to 0.004 ETH from its peak of 0.075 ETH on OpenSea. Information from the NFT market signifies that Pixel Penguins recorded 6,582 gross sales, with a quantity of 216 ETH.

As well as, Andrew Wang has expressed remorse for selling the gathering, issuing an apology, and stating that he genuinely believed it was a legit challenge.