Why do cryptocurrency creators want to remain anonymous?

<p>According to critics, anyone making money from NFTs should seek anonymity because what they are selling is worthless. However, the creators are concerned about putting their loved ones in danger.</p> <p>The two lifelong friends from Florida had never sought fame, but when they built a multimillion-dollar empire selling digital art, everyone wanted to know who they were.</p> <p>They created the "Bored Ape Yacht Club" under the aliases "Gargamel" and "Gordon Goner," a collection of 10,000 cartoons of apes with various hairstyles and outfits.</p> <p>These images are sold as digital tokens (NFTs), and it is now difficult to find one for less than $280,000, thanks in part to celebrity endorsements from Paris Hilton to Serena Williams.</p> <p>BuzzFeed, a US news outlet, did some digging earlier this month and discovered their true identities, sparking an outpouring of rage among fans on social media.</p> <p>"Doxing is wack, putting people in danger," one Twitter user said, using internet jargon for identifying someone against their will.</p> <p>The story has re-emphasized the importance of anonymity in the world of cryptocurrencies.</p> <p>While the creators of "Bored Apes" may prefer to remain anonymous in the crypto world, they are the owners of a company called Yuga Labs, which requires them to follow all of the usual rules of company filings, including providing named beneficiaries.</p> <p>"Using an alias does not make you anonymous," says Alexander Stachtenko, a cryptocurrency expert at KPMG.</p> <p>The possibility of robbery</p> <p>It's unclear why the Bored Apes founders wanted to remain anonymous, given that they'd given several interviews under aliases.</p> <p>According to critics, anyone making money from NFTs should seek anonymity because what they are selling is worthless.</p> <p>Fans, on the other hand, enjoy being a part of a community where NFT ownership is frequently a gateway to games and other perks.</p> <p>In any case, anyone amassing significant wealth in this field has compelling re