Todd Spangler NY Digital EditorBlockchain transactions are verifiable and transparent — which means if they’re stolen, you can see the theft in plain sight, even if you don’t know the identify of the crook.On Saturday, Steven Galanis, CEO of celebrity shout-out app Cameo, posted on Twitter that his Apple ID was hacked.
Among the crypto assets Galanis said the thief took was his Bored Ape Yacht Club NFT (pictured above), which he had purchased in January for nearly $320,000 in cryptocurrency.
Whoever hacked Galanis’s account sold the Bored Ape NFT for 77 Ethereum (worth $130,181.59 at the time of the sale), per the record of the sale on OpenSea, the industry’s biggest NFT marketplace.The account that allegedly stole and then resold the NFT, DCC10E, is no longer active on OpenSea.
Galanis said he also was robbed of other NFTs, including for the forthcoming Bored Ape Yacht Club metaverse from Yuga Labs (the developer behind BAYC), plus around $69,000 worth of the ApeCoin cryptocurrency.
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