Gaming

Epic Games CEO warns against Fortnite cryptocurrency scam: Here’s what he said

Epic Games CEO Tim Sweeney has taken to Twitter to warn users against a crypto scam call Fortnite token. Fortnite token has no connection with the actual game.

Published:Wed, June 08, 2022 4:58pm

By Shweta Ganjoo

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Epic Games CEO Tim Sweeney has taken to Twitter to warn people about a cryptocurrency scam that making rounds on the social media. Epic Games holds the rights to popular Battle Royale game, Fortnite. Now, Sweeney is warning Fortnite fans against a cryptocurrency-based token with a similar name -- Fortnite Token.

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Notably, Fortnite Token first appeared back in 2021. However, it has mostly remained inactive until last month when it began inviting people "start minting your NFT creations on nftoken site and sell on OpenSea." When Sweeney caught wind of the matter, he bluntly called out the matter calling it a scam.

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Responding to Sweeney's comments, makers of Fortnite Token instead of pulling the plug on the matter replied back saying, "Fortnite Token isn't a scam cryptocurrency project." "Instead, this is a fair-launch, community-driven, Fortnite game fans-created cryptocurrency project with no specified owner or company structure behind it or a CEO deciding on its future," they added as reported by PC Gamer.

The Epic Games CEO responded to this with a message that they couldn't use the 'Fortnite name and images without permission to market an unrelated product.'

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Shortly after, he shared word of caution for the makers of the Fortnite Token. In a separate tweet he said that Epic Games' lawyers were 'on it'. He also took the opportunity to call out all the crypto platforms that were not filtering out such fraudulent crypto tokens.

As per a report by InputMag, Fortnite crypto token had a subreddit with 87 members. However, there was no internal activity on the page. The crypto token was also listed on OpenSea NFT marketplace. However, at the time of writing this article, Fortnite Token's OpenSea page wasn't launching. "This content is no longer accessible on OpenSea. This content is no longer accessible on OpenSea. It has been removed based on a claim of intellectual property infringement," the prompt on the platform says.

In addition to this, the subreddit and Twitter account for the same have also been banned.

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