Latest News and Articles about NFT Scam

Brooklyn Painter Scammed in NFT Fraud, Loses $135k Life Savings

23 December 2024 Daily Feed Brooklyn District Attorney, NFT Scam, Non-Fungible Tokens, OpenSea

85-Year-Old Brooklyn Painter Swindled by NFT Con Artists, Loses Life Savings An 85-year-old Brooklyn painter has tragically lost his life savings of $135,000 in an elaborate NFT scam. Misled by promises that his artwork would be sold as NFTs for a substantial profit on OpenSea, the artist was left empty-handed—a stark reminder of the digital […]

California Men Charged in $22 Million NFT Scam Using Rug Pull Tactics

22 December 2024 Daily Feed Department of Justice, NFT Scam, Rug Pull, Vault of Games

California Men Face Charges in $22 Million Cryptocurrency Scam In a shocking turn of events, two Californians, Gabriel Hay and Gavin Mayo, have been charged with orchestrating a massive cryptocurrency scam amounting to $22 million. Their alleged fraudulent activities centered around non-fungible tokens (NFTs) have raised serious concerns within both crypto and legal circles. If […]