© Courtesy of BenzingaNFT scams are becoming more common in crypto as more and more attackers try to exploit the good intentions of others for their own personal gain.
What Happened: Hopeexist1 , a pixel artist, is one such person who has recently been accused of this behavior.
NFT Guru ArcanicNFT Reveals How A Artist Scammed Crypto Twitter.
The artist claimed to be battling cancer and sold his art collection to raise money for treatment. The game cost $13 a mint, which was a small price to pay for supporting a good cause, or so people thought.
The campaign quickly gained a lot of attention on social media, with many people sharing the art and making donations. The set sold out within two hours and became a #1 hit on OpenSea .
However, things took a dark turn when people began to find out who this man really was.
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Why it matters: Old tweets have surfaced showing that this person has been engaging in this behavior since 2021, using cancer as a ploy to steal money from well-meaning people. After this knowledge was quickly exposed, Hopeexist1 closed their accounts, leaving a trail of distrust and resentment.
The total amount of money stolen was around 60+ Ethereum (CRYPTO: ETH) worth $117k.
Price Action: ETH is trading at $1,874 at the time of writing, up 1.23% in the last 24 hours, according to Benzinga Pro.
READ MORE: Bitcoin, Ethereum, Dogecoin Fall as Investors Track Debt Ceiling Changes: 'Real-Time' Apex Crypto Hits Annual High, Trader Says
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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This article, which claims an NFT scammer is using a cancer charity for a $117,000 fundraising scam, originally appeared on Benzinga.com.