Hackers advertised fake NFTs on Banksy’s official website.

A hacker posted a fake NFT advertisement on the official website of Banksy, a well-known graffiti artist, and tricked a British collector into buying the NFT. At present, the hacker has returned $336,000 to him.

Hackers advertised fake NFTs on Banksy's official website, and collectors were also "successful"

The link to the NFT online auction was posted on a now-deleted page of banksy.co.uk.

Hackers advertised fake NFTs on Banksy's official website, and collectors were also "successful"

After the collector bid 90% higher than the competitor, the auction ended prematurely and was   sold in ETH worth 244,000 pounds  .

The Banksy team told the BBC, “Any Banksy NFT auction is not associated with the artist in any way.”

Through NFT, artworks can be “tokenized” to create digital certificates of ownership that can be bought and sold. They usually do not give the buyer the actual artwork or its copyright.

The deceived Banksy fan said that he thought he had bought the artist Banksy’s first NFT.

This 30-year-old man who wanted to remain anonymous explained directly on Twitter that he suspected that the Banksy official website was hacked and that he was the victim of a carefully planned scam.

Hackers advertised fake NFTs on Banksy's official website, and collectors were also "successful"

He said that the hacker had refunded all the money except for the transaction fee of approximately £5,000 on Monday night.

This well-known NFT collector uses the screen name “Pranksy”. He thinks the whole incident is bizarre, but the hacker may be frightened. “The refund was completely unexpected. I think the media reports on the hacker, coupled with the fact that I found the hacker and followed him on Twitter, may prompt him to refund.”

He said, “I feel very lucky because many other people in similar situations and less influential people will not have the same results.”

He said that an anonymous person in his community reminded him of the auction for the first time on the social network Discord on Monday morning.

Banksy’s official website has a new NFT page, which includes a link to an auction site selling an NFT called “Great Redistribution of the Climate Change Disaster”.

After the bid was much higher than its competitors, the auction ended quickly, and the funds were sent to the crooks in the form of cryptocurrency ETH.

“Feels like a hacker”

Pranksy said, “This does seem to be some kind of hacking attack on the site. I checked the URL on my computer and mobile phone before participating in the bidding. I bid only because it appeared on the Banksy website. When the bid was accepted, I immediately I think it might be fake.”

The Banksy team did not answer questions about how its website was stolen, but stated that “the artist Banks did not create any NFT artwork.”

The buyer suspected that it might be the hacker himself who reminded him and others to pay attention to the Banksy NFT auction.


Tom Robinson, co-founder and chief scientist of cryptocurrency analysis company Elliptic, confirmed that once a buyer places  a bid on the auction platform  OpenSea , there is nothing he can do.

He said, “OpenSea is the eBay of the NFT field. It allows anyone to sell the digital art they own or create. Once a bid is made, the seller can accept it and the cryptocurrency will be irreversibly transferred.”


Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/hackers-advertised-fake-nfts-on-banksys-official-website/
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