1/ Here’s a summary on the NFT slow rug @BoredBunnyNFT
 & a breakdown where the $21.1m (6339 ETH) actually went as well as their ties to other NFT rugs. Floyd Mayweather, David Dobrik, DJ Khaled, French Montana, Jake Paul, Chantel Jeffries, & more were paid to promote the project

2/ Bored Bunny was first announced back in early December as a pfp project with a supply of 4999 NFTs & mint price of 0.4 ETH. It gained traction primarily through the heavy use of celeb/influencer marketing.

3/ The roadmap included things such as release, merch, irl events, breeding multiple NFTs, private metaverse, marketing & more TBA. Oddly enough it promised the benefit of “2x, 5x, or maybe even 10x the value of your investment within a few days”

Here THE CELEBRITIES SCAMMERS WHO STOLE PEOPLES MILLIONS

French Montana:

David Dobrik:

Chantel Jeffries:

Floyd Mayweather (Two times):

5/ The collection sold out within a hour raking in the team $7.5m (2000 ETH) & $3m (916 ETH) in secondary fees to date. So far everything had been going smoothly however the weeks following were when red flags began showing. Where the funds were sent (after to CEX accounts):

before the reveal on 1/9/22 a dev wallet had purchased the Celeb/Influencer NFTs. This means either the team had the metadata before or rigged the metadata prior to the reveal

7/ Shortly after the team announced a second collection of 11111 NFTs at a mint price 0.4 ETH called Bored Bad Bunny. All holders of the first BB were airdropped one BBB.

8/ This one had Jake Paul & Floyd Mayweather (again) promote it. 

9/ Fast forward to 1/20/22 & minting goes live ending on 1/23/22 (cut supply a small bit). This rakes in the team $10.1m (3195 ETH) & $300k in secondary sales. How the funds were distributed shown below (eventually funneled through multiple wallets to CEX accounts)

10/ A few days go by & the team once again announces a 3rd collection of 3000 NFTs called Bored Mutant Bunny at a 0.25 ETH mint price. This is when even more red flags start showing as the team starts to act distant & people start asking questions.
 11/ Minting goes live on 2/8/22. Luckily only 532 NFTs get minted out of the 3000. Holders continue to voice their frustration & the floor prices of each collection tank below mint prices. All of these funds from this mint & previous ones are sent to Kraken, FTX, Binance.

12/ The team begins communicating every few days and eventually goes dark for over a month. I made a post earlier this week calling out the project/people that promoted it. Banks commented how he was offered 6 figs but declined bc of red flags. He states he’ll talk with David.

13/The founder magically reappears & claims they disappeared because he has “been going through a lot of emails” Just what you’d expect from a project that raised $21m right? Quite a coincidence on the timing with my post, Banks commenting, & the SEC Frosties NFT case.

14/ I then begin to look for clues on who the team actually is. I check the chain & find clear ties to two different million dollar NFT rug pulls (first noticed by @NFTethics
 ) Ancient Cats Club & Crazy Camels. See below how the transactions tie back to two CEX accounts.

16/ With the help of an anon friend I track them down to be from Dubai, France, UK based on the team’s digital footprint. The other names & Remy Goma came up. This audio from a BB AMA features both “Jeff” & “Greg” talking.

18/ Today BB announced they want to hand over the project to a Discord mod. Meanwhile the team members keeps the $21m & vanishes for good?

/ From the start their were many red flags. >banning people randomly >multiple mints within short period >0.4 eth mint price >anon team w/o track record >too many promises >celebs promoting that don’t know anything about NFTs >low effort art

20/ It’s sad to see all the rekt people who fell for this & were most likely new to NFTs. We keep seeing scammers ruining NFTs by abandoning project & making new ones. It’s just too easy for them right now Until the gov’t cracks down on them it’s up to us to call them out.

21/ I am happy to provide other names I found involved in this project to anyone pursuing legal action but these three alleged team members are the names I am most confident about. At the very least they know the identities of the team. ~case closed ~

 

NOW THOSE SO-CALLED CELEBRITIES STOLE MONEY BY MISLEADING THEIR FOLLOWERS. AND LAUNDERING IT SO NO ONE CAN TRACK THEM, THEY SHOULD BE IN JAIL ITS INTERNATIONAL FRAUD AND MONEY LAUNDERING