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Saturday, December 21, 2024

NFT developer runs away with $ 2.7 million

The NFT developer ran away with $ 2.7 million. But investors don’t want to give up without a fight.

As the official Evolved Apes We bsite and the twitter account had disappeared, some alarm to the NFT investors alarm bells -and that too cope. Because not only the social media presence of the NFT Games was swallowed by the earth, but also the original developer โ€œEvil Apeโ€ – and with him 798 Ether . (Also Read: After Bitcoin in El Salvador, a stablecoin in Peru โ€“ Stellar (XML) seduces Latin America)


Opposite Vice reveals now the anonymous spokesman for the remaining Ape community, Mike Crypto Bull that some investors their NFT prices sweepstakes marketing would never have obtained from a. In addition, the artistic performance behind the NFT project was never paid for. After the scam was exposed during a Discord session on October 1, the community’s original leadership also deleted their gaming communication channel. It seems like you want to turn off all contact options.

“By the Apes, for the Apes”

But the exit scam is not so easy to get the NFT community down.ย Despite the gloom in the air, investors pulled together and foundedย Fight Back Apesย .ย The new community describes itself as โ€œNFT Community by the Apes, for the Apesโ€, which does not want to follow in the footsteps of its former monkey administration.ย Accordingly,ย Fight Back Apesย now have a โ€œjointly created NFTโ€ that follows a voting system.

In addition, the new community has introduced a multisig wallet. In this way, Fight Back Apes ensures that the digital wallet can only be used for transactions with several keys.

Meanwhile, the outside NFT community shows empathy towards the victims of the โ€œape scamโ€.ย Various projects offer their support.ย For example, the co-founder ofย Sneaky Vampire Syndicate isย planning an asย yet unspecified number of advance sales points for future mints in order to put those affected off.ย In addition,ย Political Punksย wants toย reserve 200 advance booking options in order to โ€œwelcomeโ€ the worried Apes with open arms. (Also Read:โ€œBitcoin is a great store of valueโ€ says Mark Cuban)

As previouslyย reportedย by City Telegraphย , scams unfortunately happen again and again in the still little regulated crypto scene.ย The Apes Rug Pull is not an isolated case here.ย In this context, the Ape investor emphasizes on Twitter that โ€œyou should always only invest what you are willing to loseโ€.ย This applies above all to projects in the NFT area.

While the project is still listed on the NFT Marketplace OpenSea , there is a clear challenge from Mike Cryptobull:

We team up and fight back against the thief Evil Ape!

Mike Cryptobull on Twitter
Naomi Glover
Naomi Glover
Naomi Glover is a multifaceted writer and beauty enthusiast, specializing in uncovering the latest trends in cosmetics, skincare, and celebrity beauty secrets. With a keen eye for detail and a passion for storytelling, Naomi has contributed captivating articles to prominent beauty and entertainment publications such as Glamour, Cosmopolitan, and Entertainment Weekly.

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