Fake Banksy NFT Sold Through Artist's Website For $336,000

A hacker has returned $336,000 to a British collector after he tricked him into buying a fake NFT advertised through the artist's official website. The BBC reports: A link to an online auction for the NFT was posted on a now-deleted page of banksy.co.uk. The auction ended early after the man offered 90% more than rival bidders. The Banksy fan who got duped says he thought he was buying the world-famous graffiti artist's first ever NFT. The man who is in his 30s and wanted to remain anonymous explained over Twitter direct messages that he suspects Banksy's site was hacked, and that he was the victim of an elaborate scam. He says the hacker returned all the money except for the transaction fee of around 5,000 pounds on Monday evening. "It does seem to be some hack of the site. I confirmed the URL on PC and mobile before bidding. I only made the bid because it was hosted on his site. When the bid was accepted I immediately thought it was probably fake," he said. Banksy's team did not respond to questions about how his site was compromised but said: "The artist Banksy has not created any NFT artworks." The buyer suspects the person who alerted him and others to the Banksy NFT sale may have been the hacker themselves.Read more of this story at Slashdot.
Click here to read full news..