NFT Frosties creators stole $1,3 million from investors
After selling all 8 888 tokens in the form of the cartoon ice cream, the scammers disappeared
12.01.2022 - 09:10
598
1 min
0
.
What’s new? The creators of an NFT collection called Frosties disappeared after the investors invested $1,3 million in the project. The anonymous developers of the non-fungible tokens deleted the project's Discord and Twitter after all 8 888 NFTs were bought through OpenSea on January 9, Blockworks reports.
What did the Frosties developers promise to customers? The collectors were promised the various perks when buying NFT: staking, metaverse and breeding functions. The developers also talked about the free giveaways of the new tokens, airdrops, early access to the future gameplay, and other bonuses. There are a total of 1452 deceived customers.
How do the deceived investors comment on the situation? Marcellus King, the Frosties collector who lost $3000, said that it was his first attempt into digital items collectibles. Many other investors were new too, they were misled by the developers' promises, a good-looking website, and an active community.
What will happen to the project? At the moment, all the deceived buyers have created a new Discord channel, in which they discuss the possibilities of the further project’s development. Many of the users are optimistic about the future of the tokens. One of the Frosties holders said:
“The situation was unfortunate, but if there is a chance that the project is revived, I am all for it.”
Useful material?
Telegram 
Twitter Incidents
In a single week, hackers went after PHP websites, the Railway cloud platform and a medical company, and experts started talking about a crisis that is only just beginning.
Oct 28, 2026
Incidents
In 104 minutes, the attacker emptied 1,404 addresses before validators halted the network and froze almost all of the loot.
Oct 19, 2026
Incidents
Developers warned of potential risks to bridges across the ecosystem and asked exchanges for assistance.
Jun 22, 2026
Incidents
The defendant helped move funds stolen through investment scams and earned at least $4 million for his role in the operation.
Jun 10, 2026
Incidents
The company is linking the incident to a compromised private key on a service wallet, rather than a smart contract exploit
May 22, 2026
Incidents
Following the incident, the project temporarily halted trading operations and node activity.
May 15, 2026
Cryptocurrency rates
-
Bitcoin
$77 367
BTC
-0.24%
-
Ethereum
$2 246.56
ETH
+0.48%
-
BNB Smart Chain
$707.21
BSC
+0.74%
-
Ripple
$1.42
XRP
+1.04%
-
TRON
$0.313772
TRX
-6.1%
-
Zcash
$1 279.98
ZEC
+2.68%
-
Dogecoin
$0.075495
DOGE
-0.79%
-
Cardano
$0.218269
ADA
+2.11%
-
Stellar XLM
$0.184461
XLM
+2.83%
-
Bitcoin Cash
$287.48
BCH
-2.14%