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Anonymous Hacker Group Launches Investigation into BAYC Amid Nazi Symbolism Controversy in NFT Space

Anonymous Hacker Group Launches Investigation into BAYC Amid Nazi Symbolism Controversy in NFT Space
Anonymous Hacker Group Launches Investigation into BAYC Amid Nazi Symbolism Controversy in NFT Space

EDITOR'S UPDATE August 9, 12 PM BST: The Anonymous Facebook account referenced in this report has since removed the original post. CryptoSlate has contacted representatives for further clarification regarding this development.

The globally recognized hacktivist collective Anonymous has reportedly set its sights on Yuga Labs, following a now-deleted Facebook post from a verified Anonymous-affiliated account. This development has sent ripples through the cryptocurrency and NFT communities, raising questions about potential connections between popular NFT projects and controversial historical imagery.

The controversial post specifically named Nxg4n, Jeremy Cahen, and Ryder Ripps—individuals who have recently made public assertions suggesting that the Bored Ape Yacht Club (BAYC) possesses elements with potential Nazi origins. Although the original post has been removed from Facebook, CryptoSlate has obtained an archived version for verification purposes, as shown below.

Source: Facebook

At the center of this controversy is the account nxg4n, which has dedicated its Twitter presence exclusively to discussing Yuga Labs and BAYC. This activity continues the narrative that led to Ryder Ripps facing legal action from Yuga Labs. The core allegations center on theories suggesting that certain visual elements and terminology used by Yuga Labs may inadvertently echo Nazi content. Notably, critics have pointed to similarities between the BAYC logo and Nazi symbology, as illustrated in the comparison below.

Yuga Labs initiated legal proceedings against Ryder Ripps, citing:

Following the lawsuit's filing, Ryder Ripps has maintained his campaign against Yuga Labs, tweeting on Monday that "they are suing me over something they refuse to even show."

In a Sunday posting, nxg4n indicated plans to adopt "a slightly different approach" compared to Ryder Ripps in their efforts to expose what they allege are Yuga Labs' connections to Nazi ideology.

According to the OpenSea profile linked to nxg4n.eth, the individual identifies as an ENS (Ethereum Name Service) collector. Despite limited information confirming direct ties to Anonymous, one Anonymous-affiliated Twitter account has publicly aligned with nxg4n, reporting that it has "tapped the legendary @nxg4n to mastermind a special project of ours."

Nxg4n continues to share theories regarding Yuga Labs on Twitter, though no concrete evidence has emerged to substantiate claims of racist connections to Nazi symbolism within the BAYC ecosystem.

Verifying the Authenticity of Anonymous Involvement

Anonymous operates as a decentralized international network of activists and hackers without any formally acknowledged central leadership. This structure makes it inherently challenging to verify the legitimacy of any group claiming representation of "The" Anonymous. However, the Facebook account in question bears verification status and maintains a follower base exceeding one million. The profile features a pinned post promoting AnonToken, which has experienced a significant 87% decline from its March 2022 peak, currently trading at $0.03. Blockchain data from BSCscan indicates approximately 3,000 token holders with a market capitalization of $3.4 million.

Market analysts and community members have raised concerns suggesting the AnonToken project may lack genuine affiliation with the "real" Anonymous collective, potentially representing a scam token. Social media searches for the token predominantly reveal small cryptocurrency accounts attempting to pump its value.

Author's Note: The decentralized nature of Anonymous means no entity has ever successfully confirmed the authenticity of any specific Anonymous account. It is incumbent upon responsible journalism to acknowledge the possibility that the account in question may not represent legitimate Anonymous leadership. This caveat applies to all Anonymous-affiliated accounts, but considering the substantial following and history of posting Anonymous-related content, this reporting warrants attention. Time will reveal whether Anonymous has genuinely targeted BAYC as part of their investigation into cryptocurrency controversies.

tags:Anonymous investigation into BAYC Nazi symbolism allegations Bored Ape Yacht Club controversy Nazi connections Yuga Labs lawsuit Ryder Ripps NFT project Cryptocurrency hacktivist collective targets NFT platforms Blockchain security concerns with NFT imagery
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