Cryptocurrency
[loss] $4M+
"'A Huge Scam': Fans Who Bought Tekashi 6ix9ine-Backed NFTs Are Pissed"
Primary Source ↗Financial Loss
$4.0M
(4,000,000 USD)
Blockchain(s)
Solana
Incident Details
$100,000 to charity, governance power over the project funds, a boxing game, and weekly competitions and raffles were all promised as a part of the Tekashi 6ix9ine-backed Trollz NFT collection. However, the project crumbled shortly after it began, with creators removing the ability to mint new NFTs before the designated number were released, a takeover of a Discord bot funneling prospective buyers to scam links, and the rapper deleting any trace of his affiliation with the project. One buyer lost $40,000; around $4 million in total was poured into the apparent scam.
Total loss estimated at $4,000,000.
Technical Details
- Vendor / Product
- Tekashi 6ix9ine
Timeline
- 2021-10-28 Breach occurred
- 2021-10-28 Publicly disclosed