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Crypto Sleuth ZachXBT’s Efforts Lead to Prosecution of Alleged Bored Ape NFT Scammers

The phishing scam required interested users to click on a link to generate an animation. But instead of animated apes, the users found the service stole their NFTs, digital assets on a blockchain that represent ownership of virtual or physical items, with the scammers managing to steal over $2.5 million in total.