Web3 scammer caught fooling subscribers with fake BAYC NFT

Details on using BAYC NFT

The NFT space is a unique and collaborative community where like-minded people can learn and share great ideas about the future of Web3. But there are also scammers who are ready to pounce on any opportunity. This Web3 scammer managed to grow his Twitter account by organizing “fake” events promising WL spots and giveaways for followers. And all this while using a copied Bored Ape as a Twitter PFP.

A few days ago, Twitter user @MichaelKdcl realized that his Bored Ape was showing up as a PFP on an account with over 130k followers. The scammer, @favewyd, has over 300,000 followers on all social media accounts. They run daily giveaways and NFT giveaways, attracting tons of followers to their insidious networks. By comparison, their account grew by 100,000 people in less than 2 weeks as part of this strategy.

Web unravels

According to @MichaelKdcl, the Web3 scammer not only copied his Bored Ape, but even created a fake collection on OpenSea and confirmed it on Twitter. He then confronted the scammers and demanded a public apology on their Twitter account. At the time of writing, the scammer has already changed the PFP and issued a public apology.

After the incident was settled, @MichaelKdcl expressed his concerns about the current state of the NFT space. Many people sincerely come to this space to learn and join this amazing community. Unfortunately, too many malevolent parties prey on them like dogs. In general, giveaways and freebies should always be taken with a grain of salt, no matter who they come from.

On a different note, Twitter’s NFT PFP verification now makes it much easier to spot fakes.

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