<p><span style="font-weight: 400;">Well-known <a href="https://boredapeyachtclub.com/">Bored Ape Yacht Club</a> holder known as @franklinisbored on Twitter is claiming they lost "about" 2,000 ether (about $4 million) in a rug pull scam. The investor posted the allegation shortly after a separate post saying they had sold “a lot” of Bored Ape non-fungible tokens.<br /> <br /> The Block Research confirmed that @franklinisbored sold a total of 27 Bored Ape NFTs for 1,439 ETH, or nearly $3 million. The NFTs sold for an average of 55.29 ETH, roughly $110,000 per Bored Ape, The Block Research also said. The <a href="https://www.theblock.co/post/226155/ethereum-shapella-price-2000">price of ether</a> has recently been rising amid the Shapella upgrade.<br /> <br /> @Franklinisbored posted both announcements to Twitter, where they have more than 163,000 followers.<br /> <br /> </span><span style="font-weight: 400;">"I got rug pulled on an investment I put almost 2000 ETH into, thinking it was credible due to who else invested (not naming anyone for privacy reasons)," they wrote in a second post. "Someone used our $$ as a casino gambling Ponzi and flushed it down the drain."<br /> <br /> <img class="alignnone size-medium wp-image-226277" src="https://www.tbstat.com/wp/uploads/2023/04/Screen-Shot-2023-04-13-at-2.39.28-PM-800x445.png" alt="bored ape whale twitter" width="800" height="445" /><br /> </span><span style="font-weight: 400;"><br /> </span>About an hour earlier <span style="font-weight: 400;">@franklinisbored announced the selling of their Bored Apes while trying to explain the motivation.</span></p> <p><span style="font-weight: 400;"> “</span><span style="font-weight: 400;">Due to an unfortunate [in real life] issue, I have had to sell off a lot of BAYC apes to pay off BendDAO loans while the liquidity was available,” </span><span style="font-weight: 400;">they wrote.</span><span style="font-weight: 400;"> “I won't get involved in NFT trading/twitter for a while, and will just focus on my private life for the time being with my remaining apes.”</span></p> <h2><span style="font-weight: 400;">Bored Ape Yacht Club liquidity </span></h2> <p><span style="font-weight: 400;"><br /> <img class="alignnone size-medium wp-image-226234" src="https://www.tbstat.com/wp/uploads/2023/04/Screen-Shot-2023-04-13-at-12.59.37-PM-800x443.png" alt="bored ape whale twitter" width="800" height="443" /></span><span style="font-weight: 400;"><br /> </span><span style="font-weight: 400;"><br /> </span><span style="font-weight: 400;">The major NFT investor may now only hold two Bored Apes, said </span><span style="font-weight: 400;">The Block Research, adding that the</span><span style="font-weight: 400;"> sale caused the collection's floor price to slide to its lowest level in five months.</span><span style="font-weight: 400;"><br /> </span><span style="font-weight: 400;"><br /> </span><span style="font-weight: 400;">BendDAO operates as a non-fungible token <a href="https://www.theblock.co/post/164828/nft-lender-benddao-begins-vote-to-change-protocol-amid-liquidity-crisis">lending platform</a>, where lenders can deposit ether to earn interest. Additionally, borrowers can obtain loans using their NFTs as collateral.</span></p> <p>(<em>Updates with second announcement claiming investor was the victim of a rug pull scam worth about $4 million.</em>)</p><br /><span class="copyright"><p>© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.</p> </span>