1. PixelPlaygroundHome
  2. Blockchain Briefs

Stolen Bored Ape Yacht Club NFT Sold on OpenSea and Marked as Stolen

• Blockchain Briefs • 171 views

According to reports, PeckShield monitoring showed that the stolen BAYC \”Sewer Pass # 12097\” had been sold on OpenSea at the price of 2.34 ETH, but the NFT was…

Stolen Bored Ape Yacht Club NFT Sold on OpenSea and Marked as Stolen

According to reports, PeckShield monitoring showed that the stolen BAYC “Sewer Pass # 12097” had been sold on OpenSea at the price of 2.34 ETH, but the NFT was marked after the transaction was completed.

Stolen BAYC “Sewer Pass” # 12097 was sold in OpenSea at 2.34 ETH

Interpretation of the news:


The emergence of Non-Fungible Tokens (NFTs) over the last few years has created a new market in the world of digital art and collectibles. NFTs are unique digital assets that are bought and sold on blockchain networks, often for exorbitant amounts of money. Recently, a theft of a NFT belonging to the Bored Ape Yacht Club (BAYC) has highlighted the vulnerability of this nascent industry.

PeckShield, a cybersecurity company, reported that a BAYC NFT, known as “Sewer Pass #12097,” was stolen and sold on OpenSea for 2.34 ETH. OpenSea is the largest marketplace for NFTs, allowing individuals to buy, sell, and trade these unique digital assets. However, after the transaction was completed, the NFT was marked as stolen.

The Bored Ape Yacht Club is a collection of 10,000 unique NFTs that have become extremely popular among collectors. Each BAYC NFT represents a different ape, each with its unique features and characteristics. The community around BAYC is known for its exclusivity, with many famous individuals participating in the club. As such, BAYC NFTs have become highly sought after and can sell for significant sums of money.

The theft of “Sewer Pass #12097” highlights the potential risks associated with buying and selling NFTs. Unlike traditional assets, NFTs are not tangible, making it difficult to ensure their ownership and prevent theft. Blockchain technology provides a certain level of security through encryption and transaction validation, but as the BAYC case shows, even blockchain networks can be vulnerable.

The BAYC community has a zero-tolerance policy towards theft and has implemented measures to assist in the recovery of stolen NFTs. However, once an NFT is sold on a secondary marketplace like OpenSea, it becomes challenging to trace its ownership and control. The marking of “Sewer Pass #12097” as stolen after the transaction is an attempt to prevent the circulation of the stolen NFT, but it is unclear if this measure will be effective.

In conclusion, the theft of “Sewer Pass #12097” has highlighted the potential risks associated with NFT ownership and transaction. The BAYC case shows that even with blockchain technology, NFTs can be vulnerable to theft and fraud. As the NFT market continues to grow, it is important to be aware of the potential risks involved and implement measures to protect oneself.

This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/4585/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 03/02/2023 13:59
Next 03/02/2023 14:10

Recommended articles