This article is based on the research done by zachxbt.
On Wednesday a group of four Croatian men was exposed by zachxbt for rug pulling at least 9 different NFT projects. According to zachxbt the group scammed investors for at least $2.8M.
9/ It’s sad to see all the people who lost money due to this scheme.
— zachxbt (@zachxbt) April 27, 2022
It’s comedic to see how these scammers do not understand how the blockchain works. All these rugs literally trace right back to them.
Thanks to @B_eeej for bringing the DAO Turtles rug to my attention.
The NFT projects that got rugged by the group of scammers include:
- DAOTurtles
- Saconi Holmovimiento
- Pixel Cat Gang
- Baller Headz
- Bored Ape Tattoo Shop
- Trippy Ape
- Acid Ape Candy
- High Club
- Drippy Jesus
At the time of writing 8 of the 9 projects listed have no media presence anymore, Twitter accounts are deleted and websites are offline.
Zachxbt went ahead and visualized the flow of the funds that ended up in the wallets of the four men.
On the visualization shown above it shows three ENS addresses registered as keelito.eth, lexii.eth and mvpnft.eth.
Two of the ENS addresses could be connected to Twitter accounts, with one even following zachxbt.
Furthermore, zachxbt was able to find the Instagram accounts of the scammers:
If you happen to recognize one of the individuals shown above we encourage you to report them to the relevant authorities.