OpeaSea reportedly frozen trading in 16 stolen NFTs from the Bored Ape Yacht Club valued at $ 2.2 million

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A New York-based art gallery operator and non-fungible token (NFT) collector named Todd Kramer has stated that his collection of sixteen Bored Ape Yacht Club NFTs is valued at $ 2.28 million (approximately Rs.16.94 billion ) Was “hacked”, “and then stated that the NFT marketplace OpenSea had” frozen “assets for him. Assets allegedly stolen include a Clonex, seven Mutant Ape Yacht Club and eight Bored Ape Yacht Club NFTs, currently valued at around 615 Ether.

Kramer, the horse. directs [plus] Kramer Art Gallery in New York tweeted that he had clicked on a link that looked like a real NFT-Dapp (decentralized application). However, it turned out to be a phishing attack that stole 16 of its NFTs. “I was hacked,” he wrote. “All of my monkeys are gone.”

NFTs are cryptographically unique digital collectibles that prove ownership of physical or digital content such as works of art, GIFs or music files. Bored Ape Yacht Club is one of the most popular PFP (Profile Pictures) collections, a series of cartoon monkey pictures with randomly generated attributes. They have proven to be popular with celebrities and influencers, including Snoop Dogg and Jimmy Fallon among those who own Bored Ape NFTs. To date, nearly $ 1 billion has been spent trading NFTs from the Bored Ape Yacht Club.

When Kramer took to Twitter to share his ordeal, other NFT traders were downright unsympathetic, including several who suggested that Kramer should change his Twitter profile picture if he no longer owns rights to NFT. But when he followed up with a tweet mentioning that OpenSea – the largest NFT marketplace in existence – had frozen the stolen monkeys, people began to argue that the appeal to a third party to freeze NFTs, amid claims made by crypto to be decentralized flew.

OpenSea, meanwhile, has refused to comment or even tweet on the subject.

As NFTs rose in value over the course of 2021, they have become a tempting target for hackers and phishing attacks. In March it was reported that thousands of dollars worth of NFTs were stolen by cyber criminals from the Nifty Gateway marketplace, while pseudonymous developer Stazie lost 16 CryptoPunks NFTs in August in a phishing attack that resulted in a malicious pop-up following the MetaMask. Wallet seed phrase required.

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