7 Crypto Projects That Were Total Scams (January 2022 Edition)

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At first glance, the Big Daddy e Club NFT project looked like either a parody or a rip-off of the much more famous Bored e Yacht Club, arguably the most successful NFT project in the world. But while Bored e has caught the eye of the likes of Paris Hilton, Jimmy Fallon and Gwyneth Paltrow, the Big Daddy e Club won’t be appearing on The Tonight Show any time soon. At least not for anything good.

Like the Twitter account NFT Gurus mention, thatthe scammers behind Big Daddy e Club were able to trick people into trying to „mint” their NFT with an extra 1 Solana., which cost about $135 at the time. The transaction would fail, but the Solana still went through.

The scammers were able to trick at least 9,041 people into trying their Mint of the E knockoffs, raising over $1.2 million. but SolRarity Notes, this isn’t the imposter’s first rodeo. This is at least the third scam carried out by the person or persons behind Big Daddy e Club based on the wallets the money was funneled into. It’s obviously a profitable endeavor if you don’t mind being nasty.

Curiously, the project has been “verified” by Civic, a crypto company said to be reviewing NFT projects. According to the news agency, Civic is working with authorities to track down the perpetrators decrypt.

All social media accounts for Big Daddy e Club have been deleted but you can still view an archived version of the website below Wayback Machine.