Apr 2022 - Rare Bears Scam Account - $2k (Global)
The RareBears Twitter @BearsRare posted an announcement after
"THIS IS A SCAM ACCOUNT!! Please report them and DO NOT click the links to their FAKE "presale". Only ever use our official links. Keep your wallets safe bears."
Twitter user @lord_IY called the situation "sad" and reported at least $2k of losses:
"[S]ad. 2k fallen victims already[.]"
Twitter user @PurplePopRocks had the idea that victims should be to blame and deserve their losses:
"If [your] dumb followers fall for that again a month after mint they deserve to lose the money they already did once after mint for pure greed[.]"
Further Analysis
The Rare Bears NFTs are a set of NFT bears made by a New Zealand artist Enox. A scam account was posting some links and successfully scammed at least one user out of $2k worth of assets.
How Could This Have Been Prevented?
In this case, users should be careful to ensure that all minting links come from the official team behind a project. Exchange platforms can serve to validate that minting links are from the real source, and reduce the likelihood of successful phishing attacks. A treasury can be set aside to assist victims with proven losses.
More Cryptocurrency Exchange Hacks/Scams/Frauds
Azuki Beanz The Other Side Mfer NFT Thefts Rijet > > < < Trezor Data Breach Phishing
Sources/Further Reading
RareBears Announcement of the Fraud - Twitter (Jan 29)
"We've Been Through The Ringer" - RareBears via Twitter (Jan 29)
@BearsRare Twitter (Jan 29)
@BearsRare Twitter (Jan 29)
@BearsRare Twitter (Jan 29)
@PurplePopRockz Twitter (Jan 29)
Rare Bears – Rare Bears NFT collection from digital artist, Enox (Jul 14)
Rare Bears NFT Collection - OpenSea (Jul 14)
Rare Bears Nft - Official (RAREBEARS) Charts & Data | Mintalytics (Jul 14)
Matic Asset With Enox Information - OpenSea (Feb 8)
lord_IY - Twitter (Feb 8)
RareBears Original Minting Link - Twitter (Feb 13)
 t.me/QuadrigaInitiative
|
 /r/QuadrigaInitiative
|
 @QuadrigaInit
|
 info@quadrigainitiative.com
|