Less than an hour later, the seller accepted Pranksy’s bid for over $300K, which made him suspect it was a scam. That suspicion wasn’t helped by the NFT page being deleted from Banksy’s website. Then, the artist’s spokesperson told the BBC that there weren’t any NFT actions associated with Banksy and that the artist hadn’t “created any NFT artworks.” At that point, Pransky more or less accepted that he’d been scammed.
He wasn’t the first. We’ve seen sellers try to pass off other artists’ work as their own before, and if this situation involved pretty much any other artist, there likely wouldn’t be any question if this was a scam — especially given the weirdness happening with duplicates. Pranksy told The Verge that another scammer had created a duplicate NFT, then gifted it to him. The other person used a similar username to the original seller, minted a few other NFTs in the same style, then sent one to Pranksy. Since then, a torrent of other fakers popped up, minting the same images as NFTs, sending some to Pransky, and listing the other ones for sale. It probably goes without saying that nobody should buy them.