Cryptoknowmics
2022-04-05 06:18:27

French Influencer Rug Pulls $960,000 from Billionaire Dogs NFT Project

French influencer and reality TV star Laurent Correira is the latest among other rug pullers in the non-fungible token scene. The popular TV Show host is believed to be the person behind the now dormant NFT collection Billionaire Dogs Club (BDC). Another Rugpull in the NFT Scene In a twitter thread, on-chain analyst, Zachxbt exposed how Laurent Correia, a popular French influencer with a reality TV show, was the mastermind behind rug pulling the Billionaire Dogs NFT project. 1/ Time for another $960k NFT rug this time involving Laurent Correia a popular French influencer with a reality TV show. pic.twitter.com/QkGeDecr5f — zachxbt (@zachxbt) April 4, 2022 Zack posted on Twitter highlighting the heavily promoted campaign that offered traders large giveaways and luxury cars. Initially, the collection was meant to be of 6500 NFTs worth 0.1 ETH presale and 0.2 ETH public sales but was quickly reduced to 2,000 NFTs after failing to attract enough collectors. However, a week after the mint, the website and Discord server were both deleted with the team vanishing. Buying Blue-Chip NFTs With the Stolen Funds While tracking the $960,000 proceeds from the project, it looks like Correira himself revived the funds. According to data from on-chain, the reality TV host received more than $400,00 of the money in his public wallet. On tracking his NFT wallet activity on OpenSea, it appears that Laurent used the stolen funds to buy a MAYC, Clo...

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