Other
[loss] $270,000
"Unbelievable: 'Monkey Jizz' Cryptocurrency Turns Out to Be a Scam"
Primary Source ↗Financial Loss
$270,000
(270,000 USD)
Incident Details
In a twist absolutely no one could have predicted, the developer of a coin called “Monkey Jizz” ran off with around $270,000. The project promised to share a portion of transactions with all investors, and eventually publish a video game. However, on October 31, the developer set a 94.9% sale fee to discourage people from selling, then transferred out the cash and disappeared.
Total loss estimated at $270,000.
Technical Details
- Vendor / Product
- Monkey Jizz
Timeline
- 2021-10-31 Breach occurred
- 2021-10-31 Publicly disclosed