QQL is a generative art project. Artists Tyler Hobbs and Dandelion Mané built it in 2022. Its first sale ran as a Dutch auction.
That auction raised 12,600 ETH. The dollar value then was about $16.7M. Its mint stayed shut to new buyers after that sale. Scarcity like that can push a price up fast.
On Monday, new accounts used Hobbs's name on X. They claimed QQL minting had reopened. That claim was false.
The fake posts asked buyers for 50 ETH each. At Monday's price, that is about $119,100. The number matched the real 2022 price exactly. A matching number can make a fake post look real.
One person sent funds to the fake wallet. That person lost the funds for good. A second person almost made the same move. Something called Pocket Universe stopped that loss. Pocket Universe checks a wallet before it signs.
Quit works at Yuga Labs. Yuga Labs built the Bored Ape Yacht Club. Quit posted a public warning about the fake accounts.
The post told people to skip those accounts. It picked up 117 likes within hours. Its thread drew 20 replies.
Why did this story spread so fast? Tyler Hobbs carries a real name in crypto art. His true work once sold for millions. A fake post wearing a known name travels fast.
Crypto wallets move money with one signature. That speed helps a real buyer act fast. It also helps a scammer act just as fast.
What does this story say about us today? We still trust a familiar face in a hurry. The record shows a wallet drained within minutes. It also shows a tool built to catch that move. Crypto people built the trap and the catch both.