In a brand new Twitter thread, blockchain detective Zachxbt has revealed the identities of 4 folks allegedly linked to varied Non-fungible token (NFT) rug pulls.
$2.8M made out of scams
Within the thread on April 27, he alleged that the 4 individuals are from Croatia and had rugged 9 completely different NFT initiatives, making at the very least $2.8 million.
1/ Properly all too typically NFT scammers resolve to stay round on Twitter and this group sadly isn’t any completely different.
4 folks from Croatia have rugged 9 completely different initiatives since September 2021 & have stolen at the very least $2.8m all collectively.
Let’s dive in. pic.twitter.com/TTihrIw3gd
— zachxbt (@zachxbt) April 27, 2022
The NFT initiatives embody DAOTurtles, Saconi Holmovimiento, Pixel Cat Gang, Baller Headz, Bored Ape Tattoo Store, Trippy Ape, Acid Ape Sweet, Excessive Membership, and Drippy Jesus. In line with him, eight of those initiatives now not have energetic web sites, and their Twitter pages have been deleted.
Via their ENS addresses, Zachxbt was in a position to determine these masterminds. He said that the three ENS addresses, lexii.eth, keelito.eth, and mvpnft.eth, interacted essentially the most with NFT initiatives.
It was potential to see this by means of a graphic visualization of the proceeds from these NFT initiatives. The visualization exhibits that many of the funds ended up in 5 accounts on Binance.
A easy Twitter search revealed that two of them are on Twitter; Lexiieth has lately deactivated his account, whereas keelito.eth has modified his username to hedgefundnft.
Nevertheless, the particular person behind keelito.eth is attempting to erase their affiliation with the identify. They even went so far as burning the identify. He has now deleted his Twitter account as nicely.
However that wasn’t sufficient to cease Zachxbt from uncovering their actual identification. In line with him, he was in a position to make use of data from an nameless supply and Discord to unmask the 4 Croatians aged between 20 and 23.
Their actual names are allegedly Janko Pribicevic, Fran Kosutic, Martin Vucemil Prelovsek, and Andrija Putanec. All of them are on Instagram, the place they comply with each other.
7/ Properly who’re they?
Properly utilizing data from discord & an anon good friend I used to be in a position to hyperlink it to those 4 people from Croatia ages 20-23.
Janko Pribicevic
Fran Kosutic
Martin Vucemil Prelovsek (keep in mind mvp.eth)
Andrija PutanecAll of them comply with one another on Instagram pic.twitter.com/1FcS4SmFFC
— zachxbt (@zachxbt) April 27, 2022
Blockchain transactions depart footprints
This revelation is one other instance of unhealthy actors within the NFT scene who’re scamming 1000’s of individuals with initiatives that haven’t any potential. This yr alone, tens of millions have been misplaced to NFT rug pulls.
One mistake all these scammers make is that they fail to know they’re not really nameless on the blockchain. Via their pockets addresses and on-line actions, Zachxbt has been in a position to determine a number of of them.
Nevertheless, the absence of a transparent regulatory framework makes it tough to carry these scammers to justice. There have been some constructive developments lately with the U.S. Division of Justice arresting and prosecuting the masterminds behind the Frosties NFT rug pull. In the meantime, New York is contemplating legal guidelines that can make rug pulls a prison offense.