Bored Ape Collector Loses NFTs Worth $5,67,000 In Direct Swap Scam

After being duped into exchanging valuable pieces for worthless PNGs in a fraudulent swap transaction, a Bored Ape Yacht Club (BAYC) non-fungible-token (NFT) holder has lost many NFTs, including a ‘bubble gum ape'. After swapping their NFTs at an exchange called ‘swapkiwi', the holder known as ‘s27' lost the ‘bubble gum ape' and matching mutants worth $5,67,000 (approximately Rs. 4.29 crores). Direct NFT swaps between collectors are ...