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Pransky, a major collector of non-fungible tokens (NFTs), had 97.7 Ethereum scammed worth around $ 341,500. This happened after the popular artist Banksy website was hijacked to promote a bogus NFT auction.
However, almost all of the funds have been recovered. On August 31, Pransky identified one of the pages on Banksy’s official website promoting the auction for an NFT on OpenSea, a popular market.
Although he revealed his doubts about the authenticity of the token, Pransky decided to join the auction. He placed the highest bid of 87 Ethereum ($ 304,500) for almost 100 Ethereum tokens. This auction places him 90% more above all rival bidders in the auction.
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Usually works of art are tokenized with NFTs. This helps create digital ownership certificates that can be sold or purchased. The process, however, does not leave the actual artwork or copyright to the buyer.
Pransky’s offer was accepted with flaws. However, the link to the OpenSea auction was quickly removed from Banksy’s website. This prompted the prominent NFT collector to the possibility that the listing was fraudulent.
Less than an hour after taking the auction on Twitter, Pransky informed that his bid for 100 ETH had been accepted with a link to him. However, the link was removed from their website, which means possible fraud. Nonetheless, he added that it would only be a matter of time to find out the truth.
NFT collector Pransky received reimbursement in Ethereum
However, after a few hours, the fraudsters returned the funds to Pransky by sending 97.69 Ethereum coins. The NFT Collector expresses confidence in receiving the refund.
He explained that he had identified the hacker and followed him on Twitter. Pransky revealed at BBC that he had never expected reimbursement. He admitted that the hacker’s media coverage and being identified and followed on Twitter could have prompted him to repay.
Pransky explained that he was informed of the auction by an anonymous individual through his community on the Discord social network. He mentioned that the notification alert arrived on Monday morning. Pransky suspects that the person who alerted him and others involved in the sale of Banksy NFT are potential hackers.
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According to Banksy’s associate spokesperson, the artist has no creation of NFT artwork. He further explained that no Banksy NFT auction is affiliated with the artist in any form. However, there is no comment if hackers have intersected Banksy’s website.
Reacting to the whole saga, Cryptochild, a Twitter user, pointed out that OpenSea was the sole winner of the debacle. He mentioned that the platform took away a 2.5% slice of Pransky’s huge supply.
Featured Image From Pixabay
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