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NFT collector forced to sell Bored Apes after falling for Ponzi scheme

NFT collector forced to sell Bored Apes after falling for Ponzi scheme

Frank Caldwell says someone took his money and “flushed it down the drain.” Now he needs to offload Bored Apes to cover a BendDAO loan.

Cryptocurrency news by Protos · Protos

April 25, 20232m 38s

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Show Notes

Well-known NFT personality @FranklinIsBored was forced to sell several Bored Apes after supposedly losing 2,000 ETH (almost $4 million) in a Ponzi scheme.


According to a tweet thread, this is the third time that FranklinIsBored (actually an aerospace engineer named Frank Caldwell II) has lost significant sums of crypto since early 2022.


Listen to the video above to find out how he lost his funds.


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