TL;DR
1
NFT whale Czar allegedly used multiple developers to launch NFT projects and swept his own collections in a suspected insider play.
NFT whale Czar allegedly used multiple developers to launch NFT projects and swept his own collections in a suspected insider play.
2
Despite growing controversy, Czar continues to actively sweep NFT projects including Suited Ape Society on OpenSea.
Despite growing controversy, Czar continues to actively sweep NFT projects including Suited Ape Society on OpenSea.
3
Suited Ape Society carries a 10% creator fee, raising further questions about Czar’s financial motives behind the sweep.
Suited Ape Society carries a 10% creator fee, raising further questions about Czar’s financial motives behind the sweep.
NFT Whale Czar: Degen or Insider Player?
Czar, widely known in the NFT space for sweeping hundreds of NFT projects, was long considered one of the biggest degens in the ecosystem. However, rumors are now surfacing that he allegedly used multiple developers to launch NFT projects and then swept his own collections — a classic insider play.
Czar Still Sweeping NFTs Despite Allegations
Despite the controversy, Czar is still actively sweeping NFTs today — currently targeting Suited Ape Society, a collection carrying a 10% creator fee on OpenSea.
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