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    Home » News » Despite the Circumstances, People are Still Buying Discounted Stolen Bored Ape NFTs

    Despite the Circumstances, People are Still Buying Discounted Stolen Bored Ape NFTs

    By YoloDecember 31, 2021Updated:September 21, 20222 Mins Read

    Scammers stole 15 Bored Ape NFTs worth $2.2 million, on the platform Opensea. In spite of the circumstance, people are still purchasing discounted and stolen Bored Apes.

    People are Buying Stolen Bored Ape NFTs

    A Twitter user took to the social media platform today to express his satisfaction with purchasing a Bored Ape NFT. The user swapped Bored Ape 753 with Ape 9988 on the NFTX liquidity pool.

    A Twitter user bought a Stolen Bored Ape NFT
    Scammers stole 15 BAYC NFTs on Opensea. In spite of this circumstance, people are still purchasing discounted and stolen NFTs. Credit: Twitter

    The Twitter user traded the stolen locked NFT for one of his own in the NFTX liquidity pool. The trade came when hackers stole 15 Bored Apes on the Opensea platform.

    After the scam, the NFT site froze $2.2 million of the Bored Apes NFTs. As a result, people are purchasing discounted stolen NFTs through other sources, despite the ongoing NFT crises.

    The stolen Bored Ape NFTs raises serious questions about Openseas security. Opensea has come under intense criticism regarding its security.

    Likewise, users have been critical of Openseas decentralised nature, asking how can the platform be decentralised if it can freeze NFT assets. As a result, Opensea will be facing tough questions regarding its security in the coming weeks.

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    All investment/financial opinions expressed by NFTevening.com are not recommendations.

    This article is educational material.

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