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Summary

The web content discusses the prevalence of online scams in the NFT community, particularly highlighting the deceptive practice of men pretending to be women on Twitter to perpetrate fraud.

Abstract

The article warns readers about the increasing number of scams within the NFT space, emphasizing that even the most tech-savvy individuals can fall victim to these schemes. It cites FBI reports indicating a significant financial loss due to online scams from 2016 to 2020. A notable example is the scandal involving the 'women-led' NFT project Fame Lady Squad, which was revealed to be run by Russian men. The author shares personal experiences of receiving unsolicited messages from seemingly attractive women on Twitter, which turned out to be questionable accounts using stolen photos. The piece advises caution when engaging with unknown individuals online, especially those promising NFT promotions or asking for personal details, and suggests using tools like Google Lens to verify profile images. The article concludes with tips on avoiding NFT-related frauds and recommends an AI service as a cost-effective alternative to ChatGPT Plus.

Opinions

  • The author believes that the NFT community is generally welcoming but acknowledges the presence of scammers.
  • There is a concern that the booming NFT industry and its male-dominated nature make it susceptible to fraudulent activities.
  • The article implies that men pretending to be women online is a common tactic used by scammers, exploiting the tendency for men to be more trusting of women they meet on social media platforms.
  • The author is skeptical of unsolicited message requests, especially from accounts with generic tweets or those that cannot be easily traced back to a real person.
  • The piece suggests that the allure of quick wealth in the NFT market can blind individuals to the risks of fraud, such as the case with the fake Banksy NFT sale.
  • It is noted that scammers exploit the anonymity and irreversible nature of cryptocurrency transactions to their advantage.
  • The author promotes the use of technology, such as Google Lens, to verify the authenticity of social media profiles.
  • The author endorses an AI service as a more affordable option compared to ChatGPT Plus for individuals interested in AI technology.

Not Every Beautiful Woman Deserves Your Attention on Twitter

Beware: Some of them are men pretending to be women who are out to scam you with your money.

Photo by Kamaji Ogino from Pexels

Scam, Scam, Scam

Even the most tech-savvy generation will be exposed to online scams, and there are plenty of scams that one can quickly lose their money. The FBI reports that from 2016 to 2020, the total money lost from online scams was $13.3 billion.

These criminals used phishing, spoofing, extortion, and various types of Internet-enabled fraud to target the most vulnerable in our society.

And with a booming NFT industry, one can expect there will be bad actors in the field. But unfortunately, it is a male-dominated NFT space. It can only be more accurate with the release of the true identity of the founders of BAYC or Bored Apes Yacht Club by BuzzFeed.

Recently the biggest scandal to rock the NFT space was revealed when it turned out that Russian dudes ran the $1.5 million 'women-led' NFT project Fame Lady Squad. The founders are men pretending to be women.

Screenshot from the Fame Lady Squad Files

The "women" who all have vanished from Twitter are Cindy, Kelda, and Andrea. When they were outed by another Russian on Twitter, they had to come out clean, apologize and turn over the NFT project to a real woman.

You can read the full story by InputMag, link at the end.

Dudes pretending to be women on Twitter

Why on Twitter? Most of the conversation revolving around NFT starts on Twitter. I learned all about it after I became excited about NFT and started following different NFT artists and NFT collectors on Twitter.

The NFT community, in general, is welcoming to anyone who is an artist and a collector. Many of them will help you navigate through the NFT jargon, and you can learn a lot by reading their tweets or joining their Twitter space.

Again, only a minority are scammers.

I started to upload my NFT art on Opensea, and when I made my first sale, which I shared in ILLUMINATIONThis Must Be How Beeple Felt When He Sold His NFT for $69 Million, I doubled down on engagement with the NFT community, by tweeting my NFT collection almost every day.

And then, something odd started to happen. I began to receive message requests, mostly coming from beautiful women.

I am not saying that they are all men pretending to be women. But anyone who makes a quick look on my Twitter account will reveal that I am a man, I have yet to receive a message request from another man.

All of these message requests are either offering me an NFT promotion for a fee or an invitation to join a Discord channel for an NFT project.

None of them has asked me for money directly. But I got curious to check one Twitter account and see if any of these accounts are real or troll accounts.

Her name is Monica

Her Twitter account is relatively new. It was created in December 2021. She has close to 400 followers, and when I checked her followers' profiles, most of them were men.

On her profile, she had this to say:

The small child clumsily Broke my vase to pieces.

There is nothing odd about it, but you will find it on this website if you Google the sentence.

Another tweet of her,

The production task controlling function was implemented by calculating the span between system time and manufacture incidents such as calf weanling, estrus detect, service, and parturition.

Again you can find it here.

Her profile photo is it her or not?

Screenshot of her Twitter profile photo

I right-click the image and found this on Google lens.

Screenshot on Google Lens
Her name is Sofia Belórf

If you google her, you will find her to be Sofia Belórf, and that photo is on her Instagram account, and it is unlikely that she is the same person behind the Twitter account which sent me a message request.

If you check her IG, she is pretty famous in Finland.

Although there is some unflattering news about Sofia Belórf you can find on the Internet, none of it seems to be related to NFT.

While I have no proof that the person behind the Twitter account is a dude pretending to be a woman, in one of their public tweets to an account that belongs to a guy, she said:

hello I read your post very interesting, can I be your friend?

There are a lot of fake NFT promoters on Twitter, but a quick look at their account, one would notice that there's hardly any activity, and these accounts were created very recently.

Why do men pretend to be women, especially online scammers?

Many men will fall for women, and we have seen this in the past. Online dating scammers use woman's photos to lure people out of thousands of dollars. It is called a romance scam, and there are many out there.

Scammers exploit NFTs

It isn't only happening with NFT, anything WEB3 related product is a shiny object for online scammers, and there will always be fraud, theft, and crimes as long as there is money to be made.

A few months ago, I almost got myself in trouble when someone sent me free cryptocurrency, nearly $20,000 worth. The only thing I need to do to withdraw the money is to make a deposit; who knows to whom, and as we all know, once crypto is transferred in the blockchain, you can't undo it.

Proof that men pretend to be women to make money selling NFT.

NFT is like the gold rush. One can quickly lose every money they have, like when someone bought what he thought was a Banksy NFT for $300,000, which was later confirmed to be fake.

What can you do to stop becoming the next victim of NFT fraud?

Never give your personal details to anyone you meet on any social media platform.

It could be an online scam if it looks too good to be true.

If a beautiful woman suddenly sends you a message request, right-click their profile image even before accepting the request.

Google is your friend, use it.

Never send money to a stranger, especially to beautiful women you only met online. You may be talking to a man pretending to be a woman.

Cryptocurrency
Scams To Avoid
Nft
Twitter
True Crime
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