Have you lost your money to NFT (non-fungible tokens) scam? I have great news for you, you can now recover your money from a NFT scam. NFTs have become a really popular asset and investment option for a lot of people over the last few months. NFTs have grown to become very popular.
As at March of last year, sales of some of these NFTs had gone for tens of millions of dollars. The widespread growth of these tokens and sites dedicated to the sale and custody of these tokens has also experienced a corresponding increase in criminal activities. Investors and buyers can take certain basic steps to protect themselves from these attacks.
Have you lost money to NFT scam? You can now recover it by sending a request to: [email protected]
Recover Scammed NFT; What are NFTs?
NFTs are simply the unique bits of code (hashed “smart contracts”) that are mostly stored on the publicly-accessible Ethereum blockchain. These “smart contracts” serve as pointers to content (eg, digital version of an artist’s painting, a sports highlight) that resides at a location on the internet and can be viewed.
The source of these NFTs can then be tracked across the public blockchain. This allows end-purchasers/NFT collectors with a built-in chain of authenticity. Due to the nature of blockchain transactions, if an NFT is compromised or stolen, it is not very easy to recover it by the owner.
It is therefore important to put preventive measures in place when it comes to these assets than with traditional online accounts. It is best to view NFTs as more closely similar to a physical piece of artwork than to an online bank account.
5 Ways to Spot and Avoid NFT Scam
- NFTs that look like a reputable source’s content and claiming to have been created by reputable sources can be faked. These counterfeits may be passed off as the real thing and sold.
- Given that any piece of content can be tokenized, NFTs that purport to have been created by a reputable source can be passed off as a real, new creation, and sold.
- Phishing sites that mimic reputable NFT exchanges can steal log-in credentials, leading to the theft of a collector’s NFTs.
- Scammers have set up unauthorized customer support channels and social media accounts that pretend to be affiliated with NFT exchanges in an effort to steal customer information and compromise accounts.
- Owners of an NFT may unscrupulously hype an asset in order to inflate the value, only to cash out leaving others to suffer from the subsequent decline in value.
How to Protect Yourself from NFT Scam
- Where possible, implement two-factor authentication protocols for account access. Physical token generators, device-based authenticator apps, and push authentication are more secure than text message or email-based two-factor.
- Protect username/password – don’t hand it out to anyone; no one legitimate would ask for it. As with any online account, it is important to change passwords regularly, and refrain from using the same password across multiple accounts.
- Ensure that the site on which you’re purchasing the NFT is legitimate. Don’t click on links sent to you via email or social media from a person you don’t know; when in doubt, don’t follow links and enter the known URL into the browser yourself.
- Conduct due diligence on the NFT you’re buying: perform a reverse image search on what you’re buying, and if it appears on a number of NFT exchanges/markets, it may not be legitimate; make sure that the release comes from an expected source, ie, the artist’s own social media/website.
How to Recover Scammed NFT and Money Lost to NFT Scam
By the beginning of this year, global sales of NFTs had surpassed the $4 billion mark. But just like the stench emerging from a bloated trash bag busting open, NFT scams also spread like wildfire. Google searches for terms relating to “NFT scam” hit an all-time high by first week of January. With droves of people buying in — some far more tech-savvy than others.
As more money flows into the metaverse, so do bad actors hoping to extract value at the expense of everyday crypto users. Crypto scams are becoming getting more sophisticated, and it emphasizes the caution that people need to exercise in a decentralized ecosystem.
There are various types of scams, and it’s important to know how to recover lost money to NFT scam;
- How do I get my money back from NFT scam?
- What can I do if I got scammed NFT?
- Can a stolen NFT be recovered?
- Can you get scammed with NFT?
- Bought a fake NFT on opens
- NFT disappeared from wallet
- NFT disappeared from opensea
- Can you recover stolen NFT?
- How do I get my NFT back?
- Can you lose an NFT?
Guaranteed Way to Recover Scammed NFT
CryptoInvestigo is offering NFT recovery services. So you can recover NFT stolen from NFT marketplace and NFT space. Discord hacks are one of the most common NFT scams out there. They happen when the scammer gain administrator-level access to a discord server and post a fake minting link in the announcements channel.
The message will usually look like it’s coming from a project organizer and offer a deal that seems too good to be true: something like, “Due to demand, we’re releasing 1,000 more NFTs. Once NFT collectors show interest and highest bidder is recognized, the NFT creator get rug pulled and steals the digital assets.
As a technology and a medium, NFTs are still in their infancy, so it’s important to keep informed of new developments in the industry. This also includes new precautions that you should take to secure what could be valuable assets. Bored ape is one of the most popular NFT projects.
If you believe you have been a victim of a scam involving NFTs, please contact: [email protected]