The most famous collector of NFT monkeys falls for his own fake site – Loses around 150,000 euros in 15 minutes

The most famous collector of NFT monkeys falls for his own fake site - Loses around 150,000 euros in 15 minutes

NFT monkeys are among the most popular digital collectibles. The person with the most monkeys routinely fools crypto traders. But now he has fallen for his own trick.

What is this project? Bored and Mutant Apes are among the best-known NFT projects and are considered flagship projects among NFT speculators. Users invest in small images of monkeys that are secured via the blockchain.

Franklinisbored is one of the best-known collectors of these curious monkeys. But he has now lost around 150,000 euros through a stupid action. Because he fell for his own trick, which he usually uses to fool Twitter bots.

NFT is the new trend in gaming, companies are worth billions of dollars – but why?

Collector misleads crypto traders and falls for their own ruse

How does the collector annoy the dealers? Franklinisbored comes up with strange Ethereum Name Service (ENS) domains. Any user can register an ENS domain and can thus transfer money directly to a retailer. Instead of a complicated address, all you have to remember is a name.

Franklinisbored then gives an absurdly high bid for this domain. This in turn triggers Twitter bots, which then tweet the domain name, including the bid, to their followers. The collector will probably find that funny.

What went wrong now? Franklinisbored asked his readers on Twitter which domain he should fake bid on next. He then generated an address and placed a bid of 100 ETH. That’s around 150,000 euros. To his surprise, another person came along and offered him 1.9 ETH (about 2600 euros). Franklinisbored accepted the offer.

It only got annoying after the new owner of the domain accepted Franklinisbored’s hilarious offer – and Franklinisbored stupidly forgot to cancel his offer, which was still active. The new buyer accepted the offer and sold the NFT back to him, pocketing 98 ETH. All of this happened within 15 minutes.

The NFT collector then sent the buyer the 1.9 ETH along with an NFT asking for a refund of his 100 ETH. But he didn’t get his money back. Instead, he received an NFT from the Franklin ENS Nutz collection called “No thanks for the money.”

How does the unlucky one react? He took the whole action quite calmly. He writes on Twitter: “This will be the joke and sleight of hand of the century. I deserve all the jokes and criticism.”

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What do you think? After his actions, did the collector deserve this loss? He’s not the only person who’s lost a lot of money, either. In another game, hackers stole half a billion euros.

Hackers steal €550 million from NFT game – Pokemon-like game was unfortunately too successful

Reference-mein-mmo.de