Thanks to the help of forensic crypto enthusiasts, an alleged $20 million NFT scam was taken offline, falling far short of its original funding goal. (Reporting via Bio_Chameleon)
a new video documenting how himself, along with members of the blockchain community, took down an alleged $20 million nonfungible tokens, or NFT, scam before it could come to fruition. As told by Coffeezilla, a lot of user hype previously existed for a novel crypto project called"Squiggles,", which had an NFT drop scheduled for Feb. 10. At the time, Squiggles had amassed over 230,000 followers on Twitter.
"It meticulously documents allegations of NFT Factory LA, consisting of"Gavin, Gabe, and Ali," behind not just Squiggles but several NFT scams. These include League of Sacred Devils, League of Divine Beings, Vault of Gyms, Sinful Souls, Dirty Dogs, Lucky Buddhas, and on and on" "Basically, these guys churn out NFT projects that have the appearance of trust and quality. And then, after launching, it turns out, they're just cash grabs."
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