
The anonymous developer behind the ‘Evolved Apes’ NFT project has disappeared with the project’s website, Twitter account and $2.7 million, media reports said. The developer, Evil Ape, left traces that revealed a total of 798 Ether had been channelled out of the project fund in several transfers. The project is a collection of 10,000 unique NFTs.
However, blockchain traces showed that funds worth 798 ether or $ 2.7 million had been siphoned off in multiple transfers, funds that were meant to be channelled towards marketing expenses and which had been generated from the initial sale of NFTs and secondary market commissions.