Five people were indicted in Paris in connection to a phishing scam involving the famous Bored Ape Yacht Club collection, months after the NFT scam was uncovered by prominent crypto sleuth Zachxbt. By shauryamalwa
Five people connected to the phishing scam involving the Bored Ape Yacht Club collection were indicted in Paris on Wednesday, months after the scam was undercover by prominent crypto sleuth ZachXBT.
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 . The individuals operated out of BAYC’s official Discord channel, which lent a blanket of authenticity to their purported services.
on a blockchain that represent ownership of virtual or physical items, with the scammers managing to steal over $2.5 million in total.” An online trail of the crypto funds movement at the time eventually led to the unmasking of the scammers Mathys and Camille, who the Paris police now consider central to the operation.
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