How Ethzrvault.com Scams Artists: Beware of Fake NFT Platforms Using Eugenia Tsai’s Identity
Are you an artist selling NFTs? Scammers are using trusted names like Eugenia Tsai to trap creators into fraudulent schemes – and it could happen to anyone.
The positive part of this bad experience is that encouraged me to write my first article on a blog.
The NFT Scam Targeting Artists
Scammers on ethzrvault.com are targeting artists by impersonating well-known art curators and collectors. They send fake emails and links through platforms like Linktree, posing as real people to lure you into selling your NFTs.
NFT scams are becoming increasingly sophisticated, and artists need to be aware of these tactics to avoid falling victim to NFT fraud.
How Scammers Use Curators’ Identities
A common tactic is using the identity of a respected figure in the art world. Recently, contemporary art curator Eugenia Tsai has become a victim of these scams. Fraudsters abuse her reputation by using her profile picture and YouTube videos, even falsely presenting her as an NFT collector on Ethzrvault.com.
Imagine seeing a famous curator like Eugenia Tsai endorsing your work.
It was exactly this thought that triggered my emotions and desire to create a profile on Ethzrvault.com and create my first NFT.
Only to find out later it was all part of an elaborate scam.
Fake NFT Offers Through Your Portfolio (e.g., Artstation.com)
Caution is never enough, and I would never say that this could happen to me.
They reach out to artists through platforms like Artstation.com.
In my case, it took almost a month to respond due to the enticing offer and family pressures. Emotions often cloud judgment when money is involved. My first suspicion was when they wanted to buy a piece I hadn’t even planned to sell – a red flag in hindsight. I created the profile that led them to me on Artstation.com a long time ago out of curiosity, and since then I haven’t used it at all. So, the things I put there didn’t even have that much artistic value for me and were personal.
They often target under-the-radar artists, reaching out through portfolios like Artstation.com with offers that seem too good to be true. It took me some time to realize that I was being drawn into an NFT scam.
How Ethzrvault.com Scams Work: My Story
After much debate, I gave in and created an account on Ethzrvault.com. I had to move 0.15 ETH to their wallet for NFT creation fees – money I’ll never get back. The creation fee was quite high 0.15 ETH and that almost put me off (it’s a shame I didn’t do it). I created 2 NFTs which cost me 0.3 ETH and sent the link to Eugenia’s email.
The answer was that I should create all the NFTs that she chose and that she would buy them all at once. That’s where my first suspicion that it was a NFT scam appeared. I said to her, first buy these two and then I will add more. In turn, she bought them, but the money with which she bought them could not be used because the transaction was pending. The scam was evident when the buyer, posing as Eugenia, asked for an additional 0.22 ETH for each NFT to “finalize the transaction.” It was all a ruse, and I never saw the funds again. At that very moment, I wrote to them that they had taken advantage of me and it was a scam. Since then I never get any answers from them and I’ve lost my money. At the time when it happened to me, there was not much information about these sites, that’s why I decided to write this article. Trying to help other artists and families to avoid falling prey to fake NFT platforms.
If a platform asks for excessive fees upfront, it’s likely a scam. Always investigate before transferring funds.
How to Protect Yourself from NFT Scams
To protect yourself from NFT scams like those on Ethzrvault.com:
How avoiding art curator scams specifically:
“If an art curator’s identity is used in a suspicious offer, check their official channels or contact them directly before engaging.”
Please share your experiences with NFT scams
in the comments
Have you encountered fake NFT platforms or art curator scams? Share your story in the comments and help protect our artist community from these frauds.
I was victim as well. It is good that people write articles like this to help others to stay safe.
You’re so right—it’s really sad to see artists getting taken advantage of, especially when it’s already tough to make a living in the art world. Artists put so much heart and energy into their work, and it’s hard to watch them get exploited. What’s even worse is when they don’t get paid what they’ve earned for their creativity. Hopefully, by spreading the word and sharing resources, we can help artists protect their rights and make sure they get paid fairly.
Thank you for creating this article. I received an email almost word for word on the 14th just seen it and responded to the email today because life is hard so I was really thinking about it but they wanted me to set up an account and everything to provide them with my art and it seemed fishy so I looked it up. I’m glad to know it’s a scam.
Thank you Jay for your reply. It is important that people share those kind of experiences. And I am very happy to be able to help. That was my motivation. Good luck with your art. 🙏
I have been contacted by someone posing as Geffen the Billionaire who said he saw my work on Art station and wants to purchase for 4 Eth. He asked for me to mint Nfts and that he wants to buy them but that I must use Ethzrvault. I have not minted anything yet and sought to confirm it’s legitimacy but after reading the stories here I don’t think I will pursue his request. What should I do? Is this a scam?
Hi Harold,
please If they asked you to use it Ethzrvault, it is definitely scam.
I am very happy that this article can help another artist to save his money.