NFTs News

Seth Green Loses $300,000 In Bored Ape NFTs

In a phishing assault, American actor and comedian Seth Green lost four non-fungible tokens (NFTs) Bored Ape worth more than $300,000.

Seth Green Loses $300,000 In Bored Ape NFTs

Bored Ape Yacht Club, Mutant Ape Yacht Club, and Doodles were among the stolen artworks from popular, high-value NFT collections. The hackers took off with approximately $300,000 worth of non-fungible tokens, totaling about 145 Ethereum.

“Well frens it happened to me. Got phished and had 4 NFTs stolen,” said Green in a tweet. He pleaded with the cryptocurrency community to refrain from buying the four NFTs as he worked to resolve the issue.

But the hackers immediately sold the digital artwork. The Bored Ape was sold for more than $200,000 and the Mutant Ape for $42,000. As of press time, the other two NFTs were worth about $26,000 each, according to their collection’s floor price.

Green has identified one buyer – Bored Ape

Seth Green Loses $300,000 In Bored Ape NFTs

Green, who has starred in a number of high-profile Hollywood productions like the Italian Job and Austin Powers, appeared to have identified one buyer, who describes himself on Twitter as a street photographer.

@DarkWing84 looks like you bought my stolen ape- hit me up so we can fix it,” the 48-year-old actor pleaded. Green never got a response, at least not publicly. NFT marketplace OpenSea has since marked the stolen work as suspicious, preventing the NFTs from being bought or sold.

Phishing scams becoming rife in crypto

Seth Green Loses $300,000 In Bored Ape NFTs

Phishing comes in several forms but generally involves an attacker luring unsuspecting victims into revealing sensitive information or visiting a booby-trapped website.

Users typically receive emails or messages supposedly from a trusted wallet provider requesting they change their passwords or seed phrase.

Once this information is in the hands of the hacker, they will then use that to create new log-in credentials and steal funds.

This is what happened with Seth Green. The actor revealed that he was attempting to buy a Gutter Clone NFT, an imitation of the popular Gutter Cats collection. Green connected his wallet to the site, which turned out to be a fake website.

“Phishing link looked clean,” he confessed. The non-fungible tokens were stolen more than a week back, according to a record of transactions on Green’s wallet address.

A non-fungible token is an immutable and unique unit of data stored on the blockchain. NFTs can be used to represent items such as photos, videos, audio, and other types of digital files.

NFTs have brought up novel possibilities in the curation and circulation of art and swayed fascinated endorsements from pop celebrities such as Snoop Dogg, Paris Hilton, Madonna, and others.

Considered by some as the wild west of the blockchain industry, non-fungible tokens have also started to draw criminals into the space. in Feb, OpenSea users reportedly lost 254 NFTs, collectively worth $1.7 million, in a phishing attack.

Security experts said all of the tokens stolen had valid signatures of users, meaning they had been misled into sharing their signatures with strangers through clicking links or chasing promotions.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Annie

CoinCu News

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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