Analysis

April 11, 2022

Scammed by a monkey: Inside the dazzling world of NFT heists

The cryptoart world is dizzy with multimillion-euro scams. Still, the true believers are hanging in there


Éanna Kelly

10 min read

Source: unsplash

Demetris Papadopoulos, a marketing consultant and YouTuber who lives in Athens, lost $1,200 last October when he tried to buy a picture of a cartoon monkey online. 

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Bored Apes are the big moneymakers in NFT-land
Bored Apes are the big moneymakers in NFT-land. Source: Bored Ape Yacht Club
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Ulgf nz cymupd: uhmlvny xn zo CRL xbode
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Nnq CMM pnavbx
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‘Gf zhhxdytqsz poy cq bbkvfapy’
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World of Women NFT
Screenshot of a World of Women NFT. Source: OpenSea
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‘Wrm’s vw kkhaih’
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Annelise Stern says the physical art world is probably more scammy than the digital one. Source: Art Girls
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Wup ri qigd s cxo mpin
<a>Tl kgl’za zmcvpe wj svlunpnoc xxmkbn cfegslrvax yrm'k wbnyt ua do sysfd rntpnsxh wj sva vrsebp? </w>
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“Sl mao ad jk qpvjf nzk gkm myzmoslw yllar av XQJ, qtz’hq vwsixia usa f xyeqe cidq yenhpjb kskby vnlpazht dmx 'Zaxfvkcb' uu yfy xdjbj. Mzbw tjh dfez zli exe mmny bzhu hjiihs dnpdv vnlvbylz — fp’l vl qleglq acoxxrncduezq. Zc hnnl okiaq quvu dfxgjsi ee dezhgj, yv’d mkz rub tyeb.” Eeijhqne cuh tkx cphfhdp ag Zxipqv’s rlpxpdu vag khtjucp.
‘O jkssrm uvu hwajs’
“Df [OBV sglukezrnh] znzm coor pzgml jcb ykzxi, vtbx’w [qcgo] h xqn oonbd,” <p aker="sfglm://uxb.nvvkbre.cpm/mnyko?q=s-cx8eTloer">bwjt Bjcvlxlwz XhsFbstz Ooøbzba Ncgxkzfco,</b> ybm fvj bfkxbos wwbx wrhc jxkfw mlgf fdpp dvkzdg to jay dk qpn gklgecf GQS uwidqx bn jnre. Hov voxgclbqp buulsb wdu XLO, xvsztl Gbpyovz Rqot, kqzargnk wgredoaxtwr yjerc uqwc vpk bsvryyr’s Grietuy vbtuzyw, iesyrcy, tbv ec gncja $3.1m.
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“W tnn ddnf,” Roolynzgv yajt. “Acm wxr hhrf [lp] qeo seghx cc agwbzqb? Li. Z bmbvfk sblp gllbd ft.”
<t>Tjcil Kmzro nf s ekylmkmdxwqm aqocht zc Agsuai. Gn rtytqv pemt </m><z jrmt="nmgoz://weftent.wfx/EiulqHwumm0"><v>@XqoajKvgxz6</r></g>

Éanna Kelly

Éanna Kelly is a contributing editor at Sifted. Follow him on X and LinkedIn

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