Blockchain detective Zachxbt revealed the identities of four people allegedly involved in several cases of so-called “doormat pulling,” where developers abandon a project and embezzle money from investors.
On April 27, he tweeted that the alleged scammers hailed from Croatia and had nine different NFT scams on their books, which allowed them to earn at least $2.8 million.
All too often NFT scammers hang around on Twitter, and this gang, unfortunately, is no different.
Since September 2021, four people from Croatia have pulled off nine different scam projects, stealing a total of at least $2.8 million.
They have done NFT projects such as DAOTurtles, Saconi Holmovimiento, Pixel Cat Gang, Baller Headz, Bored Ape Tattoo Shop, Trippy Ape, Acid Ape Candy, High Club and Drippy Jesus. Eight of these projects no longer have active sites, he said, and their Twitter pages have been removed.
Zachxbt was able to identify these tricksters through their ENS addresses. He stated that the following three ENS addresses had the most interaction with the NFT projects: lexii.eth, keelito.eth, and mvpnft.eth.
This could be seen through a graphical visualization of the revenue from these NFT projects. The visualization shows that most of the funds ended up in 5 accounts on Binance.
A simple search on Twitter showed that two of these fraudsters have accounts on this social network, with Lexieth recently deactivating his account and keelito.eth changing his username to hedgefundnft.
However, the person behind keelito.eth is trying to erase his connection to that name. He has now deleted his Twitter account.
But that wasn’t enough to prevent Zachxbt from revealing his real identity. The detective said he was able to use information from an anonymous source and Discord to expose four Croatians between the ages of 20 and 23.
The detective found out that their real names were Janko Pribicevic, Fran Kosutic, Martin Vuchemil Prelovšek and Andrija Putanec. All of them are on Instagram, and each of them is subscribed to each other.
This expose was yet another example of how scammers defraud thousands of people by involving them in NFT projects that have no potential. This year alone, people have lost millions of dollars because of this scheme.
One of the mistakes criminals make is that they don’t realize that blockchain doesn’t guarantee them complete anonymity. That’s why Zachxbt was able to identify some of them by their wallet addresses and online activities.