A User Just Lost $240,000 in NFTs on the Blur Marketplace
Summary
A user lost hundreds of thousands of dollars in NFTs on the Blur marketplace due to a phishing scam. The scam involved exploiting a loophole in Blur's listing system to enable private sales, allowing the scammer to manipulate the royalty settings of the NFTs. Scammers are now tricking people into listing NFTs at high prices, with all proceeds going to the scammer's address. This tactic ensures that only the scammer can fulfill the transaction, preventing others from intercepting the low-priced listings. NFT-related scams have become a constant issue for marketplaces and users. Last month, three UK nationals were charged with orchestrating a $3 million scam related to the “Evolved Apes” NFT collection.
