Seth Green: He had four NFTs worth about $308,000 stolen after he connected his wallet to a malicious website.
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See also: $1.7 million worth of NFTs stolen from OpenSea users
NFTs: Some believe they are the future of digital property, others predict that the crypto bubble will burst and NFTs will disappear with it. What is undeniable, however, is that scams are constantly emerging. One of the most recent victims of such a scam is actor and comedian Seth Green.
On Tuesday, Seth Green announced on Twitter that four of his most valuable NFTs were stolen from wallet . These include a Bored Ape Yacht Club NFT (worth $200,000 at the time of writing), two Mutant Ape Yacht Club NFTs ($40,000 each), and a Doodles NFT ($28,000). Someone then purchased Green’s stolen Bored Ape for $268,000.
“Well, it happened to me. I fell victim to a phishing scam and had 4 NFTs stolen,” Green said. “Please do not purchase them while I try to resolve the issue.”
In a subsequent tweet, Green said he was trying to buy an NFT — a Gutter Clone, a spinoff from a popular collection called Gutter Cats — and linked his wallet to the website, which turned out to be a scam website. “The phishing scam seemed clear,” he said.
Looking at Green's wallet history, the NFTs were stolen on May 8th.
Because crypto and NFTs don’t have a centralized authority that can reverse transactions — which is by design, since the whole point of blockchain is decentralization — fraud victims have limited options for resolving issues in such situations. OpenSea, the largest NFT marketplace, has labeled stolen NFTs as “suspicious” and is prohibiting anyone from bidding on them .But that only happened after Green’s stolen Bored Ape was sold to another buyer.
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Yat Siu, co-founder of Web3 gaming company Animoca Brands, noted in a Twitter thread that the best course of action for fraud victims is to report their loss to the police or FBI, as phishing is a form of fraud , and to publicize the theft in a public forum. “If a buyer knowingly purchases a suspected #NFT that was stolen, they are personally liable,” Siu wrote on Twitter.
Green has invested in Web3 culture with more than just an extensive NFT portfolio — more than $250,000 worth of NFTs remain in wallet after the theft. He created his own NFT collection called PizzaBots, which was released to celebrate 4/20 last month, and he collaborates with DJ Steve Aoki on Dominion X, a TV show tied to an NFT collection. In fact, Green’s Bored Ape was transferred to him by Aoki, as can be seen in Ape’s trading history.
Information source: cnet.com
