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    Home » News » There’s A Louis Vuitton NFT Scam Targeting Whales: Watch Out!

    There’s A Louis Vuitton NFT Scam Targeting Whales: Watch Out!

    By YoloApril 27, 2022Updated:September 20, 20222 Mins Read

    There is a Louis Vuitton NFT scam account on OpenSea that has launched a collection and is targeting scamming NFT whales. An NFT influencer was seen minting one of these Louis Vuitton NFTs earlier today as people were tracking this person’s wallet. Most often in NFTs, when something looks too good to be true, it is. Unfortunately, this specific case doesn’t deviate from that.

    Louis Vuitton Opensea Account
    Louis Vuitton NFT scam collection featured on OpenSea.

     

    Individuals Thought It Was a Potential Louis Vuitton Stealth NFT Drop

    The one individual who came across this collection said it hit all the checkmarks. Blue tick, high floor, and mint of website function. Furthermore, certain individuals couldn’t believe their luck. Mint price was 0.12 ETH, a supposed NFT influencer had minted and the floor price on secondary was 26.7 ETH.

    This specific Louis Vuitton scam collection was airdropped into a bunch of influencers’ wallets and in turn, showed up on people tracking the wallets’ alerts. Unlucky individuals saw this and minted it from their main wallets. As a result, they had all their valuable NFTs stolen from their account.

    The amount of scam airdropped NFTs is astronomical, especially to wallets that people are tracking. Unless something has reputable info or individuals backing it, it’s always safer to assume the airdropped NFT is a scam. Unfortunately in this specific case, some people learned that the hard way.

    As previously mentioned, when something is too good to be true, it generally is. The collection is still live on OpenSea and has 628 owners out of a 703 supply. One thing to note is that it has 0 ETH traded on the secondary. I highly recommend staying as far away from this and airdropped NFTs moving forward.

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    All investment/financial opinions expressed by NFTevening.com are not recommendations.

    This article is educational material.

    As always, make your own research prior to making any kind of investment.

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