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Waka Flocka Flame Asks For NFT Projects, Gets Scammed For $19,000 Days Later

December 29th, 2021 - 5:32 PM EST by Brandon Wink

4 comments

(Waka Flocka Flame before and after NFTs.)

Rapper Waka Flocka Flame found himself on the receiving end of an OpenSea NFT scam yesterday, only a few days after openly asking his Twitter fanbase for their NFT projects and showing interest in the cryptocurrency space. Many took the moment to rain on Waka's already ruined parade, criticizing the rapper for his involvement in the crypto and NFT scene.

As for how this type of thing could happen, what allegedly occurred was that Waka was "airdropped," which means automatically given booby-trapped NFTs, and when he interacted with the NFT in his attempt to delete it, the smart contract activated, meaning his money would be forfeit to the person who sent the NFT.

This method can be compared to a phishing email that automatically transfers money out of your account when you click the suspicious link. The danger presented with this type of stunt being possible was not lost on some spectators, who were quick to denounce crypto altogether because of this possibility. It also caused some to point out that, due to crypto's lack of regulation, this is something that is possible and may lead to calls for regulation of the space.

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Comments 4 total

Machu

Dec 30, 2021 at 01:52PM EST

"NFT scam"? I don't get it. How's that different from a regular NFT?

2

Peanut970

Dec 30, 2021 at 05:34AM EST

Shit, it's almost as if there's a huge risk involved in engaging with money making schemes. It's almost as if this is the reason very few people choose to get involved with it.

0

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