Ozzy Osbourne’s CryptoBatz NFTs Hit by Scam That Bilked Users Out of Thousands of Dollars

Ozzy and his partners erroneously shared a link that was turned into a scam site

Ozzy Osbourne (courtesy of W Communications)
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A few weeks ago, Ozzy Osbourne announced his new CryptoBatz NFT collection, making 9,666 unique digital bat designs available to those willing to part with their cryptocurrency. Now it turns out that a large number of people were scammed out of thousands of dollars worth of crypto thanks to a bad link shared by the project’s official Twitter account and website.

As tech site The Verge reports, Cryptobatz uses the site Discord for its transactions and initially used the shot URL “discord.gg/cryptobatznft” (do NOT click) in its Twitter posts. Somewhere along the line, the official short link was changed to discord.gg/cryptobatz, but hackers took advantage of the old URL to set up a fake Discord site. Unfortunately, Ozzy and his partner companies still left up the old Tweets with the old link, leading hundreds of people to visit the scam site.

At one point, the total number of members listed at the fake site was 1,330, which could very well be the number of people who were potentially tricked by the scam. There, users were directed to connect their cryptocurrency wallets to make transactions, at which point their accounts were depleted of thousands of dollars worth of Ethereum.

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One person, Tim Silman, a nonprofit employee, told The Verge that he was scammed out of approximately $400 in Ethereum, and became aware that he wasn’t the only victim. “I’ve seen at least a dozen people on Twitter voicing this same issue,” he said. “If you look at the transactions on Etherscan, others lost a lot more than me.”

Silman tried to notify the different partners involved in CrytpoBatz by tagging them in tweets, but to no avail. It was only when The Verge contacted CryptoBatz that the incorrect link was finally removed from the posts on January 21st, a few days after “minting” began and three weeks after the official announcement of the project.

Sutter Systems, which developed the CryptoBatz NFT, placed blame for the massive error on Discord when contacted by The Verge. “Although we feel very sorry for the people that have fallen prey to these scams, we cannot take responsibility for the actions of scammers exploiting Discord — a platform that we have absolutely no control over,” stated “Jepeggi,” the co-founder of Sutter Systems. “In our opinion this situation and hundreds of others that have taken place across other projects in the NFT space could have easily been prevented if Discord just had a better response/support/fraud team in place to help big projects like ours.”

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Discord issued a general statement, reading, “Our Trust & Safety team is in touch with the server owners and are investigating the incident. Our team takes action when we become aware of attacks like this one, including banning users and shutting down servers.”

The latest CryptoBatz tweet (see below) from Ozzy Osbourne was posted on Thursday (January 20th) letting people know that a limited number of NFTs were available to the public following an initial “minting” for whitelist members. Apparently, individual CryptoBatz NFTs are now going for roughly $5,000 worth of Ethereum on the open market.

To learn more about NFTs (non-fungible tokens), check out our “Introductory Guide to NFTs in the Music Industry.”