Luke Dashjr, a prominent Bitcoin core developer, has raised concerns over an NFT auction that has utilized his name and code without permission. He has accused the sellers of creating a misleading NFT using his name and code without his knowledge or approval.
In a recent tweet, Luke Dashjr, a core developer of Bitcoin, revealed that a NFT featuring code he wrote was sold at an auction site for 0.41 Bitcoin, approximately $9,500 at the time of the tweet. He also mentioned that he isn't the first Bitcoin developer to have his name or work used in this manner.
The original core developer of Bitcoin took to social media to address the situation and call out the auction site.
"The NFT was advertised as containing my code and was put up for sale for profit, presenting me as the creator," stated Dashjr.He emphasized that he was not involved in the creation or sale of this or any other NFTs and that he did not give his consent for the use of his code or name for this purpose. Instead, third parties are exploiting his name and code for their own financial gain, he added.According to Dashjr, the winner of the auction reached out to him and he had to clarify that he was not involved in the sale of the NFT.Dashjr claims that an individual — either the seller or the auction site — had reached out and offered him “a donation of 90% of the auction proceeds,” which he declined.
“The public should also be aware that the seller and/or auction site offered me a donation of 90% of the auction proceeds ‘should I choose to accept’ it.I feel this is a clear attempt to:
- bribe me into silence; and/or
- obtain my consent after the fact,” he explained, adding:
“I will not accept such payment at the expense of the public who are being misled. I will not accept any such ‘donation’.”“Due to the misrepresentation involved and actual buyer confusion, I strongly insist upon 100% of the auction proceeds to be refunded to the buyer,” Dashjr said.According to Dashjr, “other Bitcoin devs” have been placed in similar situations and been offered "considerable” donations for their cooperation; however, he did not provide any specific details.“Stop using my name to mislead the public so you can make a quick buck. It’s wrong,” Dashjr said:“I do not consent to the use of my name or code for this grift. I want the public to be aware of where I stand,” he added.
Hackers gained access to his PGP (Pretty Good Privacy) key, a common security method that uses two keys to gain access to encrypted information.
Early last year, decentralized marketplace OpenSea reported that over 80% of NFTs minted using its tool were “plagiarized works, fake collections, and spam.”Dashjr was reportedly the unfortunate victim of a hack on the last day of 2022 that lost him “basically” all his BTC.
The news ignited a debate around self-custody, which became a hot topic after the collapse of crypto exchange FTX.source: https://cointelegraph.com
View all comments