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Home»Metaverse»Bored Ape Thieves Finally Arrested In Paris
Metaverse

Bored Ape Thieves Finally Arrested In Paris

2022-10-22No Comments2 Mins Read
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Thief stealing a Bored Ape NFT image
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5 Bored Ape NFT thieves have been arrested in Paris, in mild of latest BAYC scams that misplaced collectors thousands and thousands of {dollars}. The racket concerned (at the least) 5 scammers duping BAYC collectors and stealing NFTs price ~$2.5 million. Crypto detective @ZachXBT tracked down the thieves, and on Wednesday, French authorities indicted the criminals. Learn on to be taught extra concerning the occasions that led to the arrest!


Thief stealing a Bored Ape NFT image
Picture Credit score: Selection.com

Who Stole The Bored Ape NFTs?

Between December 2021 to March 2022, 5 victims of the Bored Ape Yacht Membership fell for rigorously deliberate phishing scams. It concerned the crooks reaching out to BAYC members and promising them an animated model of their Bored Apes. They might lead the collectors to the web site that provided these providers.

The victims would then have their NFTs stolen from them as a result of a phishing web site lurking behind it. The location would steal the NFT handover codes of their victims with out their data. Then, the NFT fraudsters would then switch the NFTs to their wallets and promote them on well-liked digital marketplaces. One of many victims noticed three of their treasured Bored Apes stolen, one in all them being price over one million {dollars}.


Twitter DM from the scammer pitching his scam website to an innocent Bored Ape collector
Rip-off In Progress

The police investigated the Bored Ape NFT thieves round late August. It was ZachXBTs evaluation and Twitter posts that began the seek for the frauds. Two of the 5 arrested have been answerable for the web site’s advertising and marketing, whereas the others dealt with the cash laundering.

The 5 masterminds behind the crypto theft are all aged between 19-24. Furthermore, French authorities initially arrested seven folks, together with the dad and mom of one of many scammers. Nonetheless, the dad and mom have since been launched because the investigation continues.

See also  Coinbase Pauses Plans for Bored Ape Yacht Club NFT Short Film Trilogy

What Did ZachXBT’s Evaluation Reveal?

Twitter person ZachXBT has been on the forefront of inspecting and exposing frauds, and bringing crypto criminals to justice. For this case, Zach caught on to the breadcrumbs that the scammers left behind through Twister Money, which led to unmasking the identities of two of them. Twister money is a service that permits folks to “masks” their crypto funds and transactions. Moreover, through this path and different analysis, Zach dug out the official Telegram, Instagram, and Twitter ID’s of the perpetrators.


A picture of the scammers Mathys and Camille
Play Silly Video games, Win Silly Prizes

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