NFT bot scammed! Azuki made ten times the transaction, sold 840 ETH, victims come forward to express:
Twitter account Hanwe @HanweChang shared an incident on 8/6 that sparked widespread discussion in the NFT community. By inducing bidding, he successfully hooked up NFT-following bots, enabling him to profit 800 ETH.
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Copycatting Goes Wrong! Bidding Bot Fooled, Azuki Sells for Ten Times
Twitter user Hanwe noticed a bidding bot following his bids on the NFT trading platform Blur, so he decided to play a trick on it.
As a result, the NFT bidding bot bought 12 Azuki from Hanwe at a price of 50 ETH, while the regular base price was only 5 ETH. It also bought 16 Azuki Elements at a price of 15 ETH each, with the regular base price being only 0.6 ETH.
Noticed that someone's bot was copying my bids on Blur, so I decided to trick him…
Made 800 ETH profit thanksss pic.twitter.com/KlaXKUFUBK
— Hanwe (@HanweChang) August 5, 2023
Victim Speaks Out? Admits Misfortune, Discusses Legal Solutions
Twitter user elizab.eth used the same rhetoric as when Curve was attacked and funds were lost, offering to provide 10% as a "bug bounty" for the stolen funds by the rogue bot and hoping to return 90%.
However, this rhetoric was not well received by the community, as it was the bidding algorithm of the bot that actively placed bids, and Hanwe simply accepted them.
elizab.eth later stated that he must take full responsibility and that this time it really hurts. He also discussed whether the legal position of bots and contracts can be established through past court cases, but it seems that the law still needs to adapt to new technologies.
We would like to discuss a bounty with you. We are offering a 10% bounty of any funds stolen from our bot, which are yours to keep if you return the remaining 90%.
— elizab.ethᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠ (@ThinkingETH) August 5, 2023
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