Bitcoin lead developer Luke Dashjr has called out sellers behind the NFT auction for using his name and code without his knowledge or consent.
One of the main developers behind Bitcoin
, Luke Dashjr, took to social media to describe an auction site using his name and code without his permission for creating and selling “fake” NFT.
The lead developer said he was not the first Bitcoin developer to have his name or work used in this way.
On February 27 on Twitter, the developer showed that the invisible token and the image of the code he wrote were sold at an auction for 0.41 Bitcoin.
, or about $9,500 at the time of writing.
“It was published as my code on the list and brought to the public for sale and profit,” explained Dashjr.
“Mandicace – I am not involved in the creation and sale of this or any other NFT. I did not authorize the use of my code or my name for this purpose. Instead, third parties sell my name and code to earn money,” he added.
Dashjr revealed that the winner of the auction ended up contacting him and he had to tell them he wasn’t involved in the auction.
Dashjr claims that someone – either the seller or the auction site – approached him and offered him “an offer of 90% of the auction money”, which he refused.
“The public needs to understand that the auctioneer and/or auction site has offered me 90% of the auction proceeds ‘if I accept it’. I feel that this is a clear attempt to: (1) bribe me into silence; and/or (2) obtain my consent after the fact,” he explained, adding:
I will not accept that payment at the cost of misleading the public. I will not accept any ‘donations’.”
“Due to the misrepresentation involved and consumer confusion, I strongly insist that 100% of the proceeds from the auction be returned to the buyer,” Dashjr said.
According to Dashjr, “other Bitcoin developers” are placed in similar situations and receive “significant” donations for their cooperation; however, he did not provide specific details.
“Stop using my name to mislead the public to make a quick buck. It’s not fair,” Dashjr said.
“I do not agree to the use of my name or code in this grift. I want the public to know where I stand,” he added.
Related: Navigating the Cryptocurrency World: Tips to Avoid Scams
At the beginning of last year, open market OpenSea reported that more than 80% of NFTs made using its tool were “hidden transactions, fake collections and spam”.
Dashjr would be the unfortunate victim of a hack on the last day of 2022 that lost him “basically” all of his BTC.
Hackers have gained access to your PGP (Pretty Good Privacy) key, a common security method that uses two keys to gain access to encrypted information.
The news sparked a debate about independence, which has become a hot topic after the collapse of crypto exchange FTX.