Critics attack Bored Ape expenditures, pushover members | Protos
The Bored Ape Yacht Club (BAYC) was in the news again this weekend for all the wrong reasons. Critiques of their decadent expenditures, delayed metaverse, and gullible members earned hundreds of thousands of views. First, a new critique of the innumerable thefts of Bored Ape holders went viral. Laughing at the thought of an obvious phishing website convincing a Bored Ape holder to enter their private key, the claptrap earned thousands of likes. This critique hearkened to many successful thefts of Bored Apes by even moderately sophisticated black hat coders. For many years, gullible BAYC members have voluntarily clicked buttons in their wallets, visited malicious websites, fallen for Ponzi schemes, and believed inauthentic messages about airdrops or migrations. It has become something of a running joke in the crypto community to poke fun at BAYC members for poor operational security (OpSec) and inexperienced crypto safekeeping. Here’s what’s behind the fall ...