How a BAYC Owner Was Tricked into Swapping His Bored Ape NFT Worth $570K for Worthless Jpegs

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How a BAYC Owner Was Tricked into Swapping His Bored Ape NFT Worth $570K for Worthless Jpegs
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One unlucky Bored Ape Yacht Club owner has been tricked into swapping his collectibles for fake NFTs by a rogue actor.

Another Bored Ape Yacht Club owner has fallen victim to a social engineering attack targeting holders of premium non-fungible tokens .and Mutant Apes for other high-value apes only to receive worthless Jpegs in exchange. The incident once again highlights the need for owners to bluechip NFTs to painstakingly verify before approving transactions.NFT enthusiast 0xQuit first brought the story to light in a Twitter threadon Tuesday.

Swapkiwi is an NFT swapper that allows users to barter their collectibles in one transaction. To do so on a platform like OpenSea would require significant gas fee payments. This is because the participants would have to list and transfer the NFTs. S27 was, however, unaware that the other participant in the trade was a rogue actor. While s27 put up

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