Cryptocurrency

How this NFT whale lost $150K to a ‘joke’

The boring Ape NFT whale Franklin lost 100 wrapped Ethereum (WETH) worth about $ 150.000 in a joke bid for the Ethereum Name Services (ENS) domain registered on July 20th.

The joke began on July 19 when Franklin asked his followers a “phrase or meme” who wanted to bid 100 WETH to trigger an ENSBids Twitter bot account.

Franklin then used another wallet to register “stop-doing-fake-bids-its-honestly-lame-my-guy.eth” and bid 100 WETH from the main wallet.

However, Franklin received an amazing offer of 1.9 WETH (about $ 2,800) from someone else for the ENS domain. He accepted the bid, went to Twitter to celebrate his “victory” and forgot to cancel his last 100WETH offer for the same ENS name.

Meanwhile, in less than 30 minutes, the new owner of the ENS domain name accepted Franklin’s forgotten 100 WETH bid. Basically, I sold a domain name I bought from Franklin for $ 2,800 for $ 150,000.

Franklin used Twitter to lament the situation where he tweeted that he didn’t become a “bot” and had “enough time” to cancel the offer.

The boring monkey whale is now trying to recover the lost 100 WETH by refunding the 1.9 WETH obtained from the sale of the ENS domain. However, he admits that there is a “0% chance” of regaining his money.

8892OS on Twitter account claimed he was a recipient of Franklin’s 100WETH.

At the time of the press, it is unknown whether Franklin has regained 100 WETH.

The crypto community reacts

Twitter’s crypto community is divided by its reaction to this situation.

Some argue that the new seller should maintain his retention, while others think Franklin should be reimbursed.

Some community members took this opportunity to troll Franklin.

DC Investor, an NFT collector, said everyone should learn from Franklin’s mistakes and “respect blockchain as a fiduciary class.”

Posted by: Ethereum, NFT

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