QUADRIGA INITIATIVE
CRYPTO WATCHDOG & FRAUD RECOVERY PLATFORM
A COMMUNITY-BASED, NOT-FOR-PROFIT
$1 200 000 USD
MARCH 2022
GLOBAL
ETHEREUM
DESCRIPTION OF EVENTS
"DinoDealer claims that he had intended to list his Ether Rock for 444 ETH — worth a jaw-dropping $1.2 million at current rates.
But instead, he confused this for the smaller denomination of Ether, meaning it was advertised for sale on OpenSea at just 444 WEI.
Before DinoDealer could realize his fatal error, a bot snapped up the rock for just $0.0012 — and instantly began offering the NFT to the marketplace for 234 ETH. If sold, this would result in a tidy profit of about $650,000."
NFT Collector DinoDealer accidentally sold his EtherRock NFT for 444 wei instead of 444 ethereum.
Clip_It_ comments on NFT Collector Accidentally Sells $1.2M Rock for $0.0012 | CoinMarketCap (Sep 20)
NFT Collector Accidentally Sells $1.2M Rock for $0.0012 | CoinMarketCap (Apr 5)
Ether Rock (Apr 5)
Picture Of A Rock Just Sold For $235,000 On Ethereum (Apr 5)