Crypto Sleuth ZachXBT’s Efforts Lead to Prosecution of Alleged Bored Ape NFT Scammers

Oct 13,2022
KingData News: Five people connected to the phishing scam involving the Bored Ape Yacht Club (BAYC) collection were indicted in Paris on Wednesday. Christophe Durand, the deputy head of the French National Cyber Unit, told the AFP that the investigation had started "at the end of 2021.” The police suspect the five individuals of having formed a network that fraudulently advertised a service that would produce an animated version of any users’ BAYC non-fungible tokens (NFTs). The individuals operated out of BAYC’s official Discord channel, which lent a blanket of authenticity to their purported services. In total, the scammers stole more than $2.5 million. ZachXBT first uncovered the crime in an August post titled “Scammers in Paris.”
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