‘Sorry for the Lie’: Ethereum NFT Fraud Fame Lady Squad Comes Clean

From decrypt.co

As the market for NFT digital collectibles rapidly expands, the crypto industry’s pseudonymous nature can make it difficult to truly know where projects came from—and to trust who’s behind them. Many NFT collectors found out the hard way this week after the creators of a prominent women-centric project admitted that they lied about being women themselves. Fame Lady Squad (FLS) is an Ethereum-based NFT collection that launched in July, claiming to be the “first female avatar project of all time,” per its Twitter profile. (For the uninitiated, an NFT is a special type of cryptocurrency that can be used to ... (full story)