Pixel Penguin, an NFT Charity Scam, Shows the Dangers of NFT Influencer Culture

As the rumors intensified, fake crypto spy ZachXBT shared ETH addresses associated with the Pixel Penguin NFT collection, showing that the contract had deposited About 61.6 ETH, or about $117,000. Two hours later, ZachXBT shared 63.5 ETH, roughly $119,000, of the funds earned from the project were distributed to two new wallet addresses. While users who were defrauded raced to figure out how to recoup their losses, the scammers clearly deposited money Further obscuring his paper trail, in a wallet on the cryptocurrency exchange OKEx.