ZachXBT alleges Gamegear dev 'scaredofboobs' is scammer NFT Machine

In a Telegram post, the on-chain sleuth warned users to beware of X account scaredofboobs.

X user scaredofboobs is the alleged scammer NFT Machine, according to a report from on-chain sleuth ZachXBT. In his official Telegram channel on Dec. 28, ZachXBT claimed that “X/Twitter User scaredofboobs is a scammer known as NFT Machine.”

NFT Machine was an X (formerly Twitter) account run by the founder of OpenFT, a decentralized marketplace project. The account was suspended on X for “violating [its] rules.” According to a February 2022 thread from crypto investor Shual, the NFT Machine account was managed by “doxxed American citizen” Tyler Gaye. A report from the Colorado section of LocalToday news also states that Gaye and NFT Machine are the same person and that Gaye is a resident of Denver. The LocalToday report cites BusinessDen, a Colorado news site, as its source.

According to the LocalToday report, Gaye was sued by investors for allegedly creating a fraudulent scheme to raise money and spend it on nonfungible tokens (NFTs) for his personal collection. Using his NFT Machine account, Gaye promoted OpeNFT, raising $55,000 from investors. But instead of creating an NFT marketplace, he spent the funds on NFTs for himself, including many items from the MoonCats collection, the lawsuit alleged.

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Source: https://cointelegraph.com/news/zachxbt-alleges-gamegear-dev-scaredofboobs-scammer-nft-machine