Hackers steal $2.2 million worth of NFTs from an art collector
“I got hacked. All my monkeys are gone.”
Good, It happened again.
Hackers tricked Todd Kramer, owner of art gallery Ross + Kramer Gallery, into a phishing scam in which they stole 15 NFTs worth $2.2 million, ArtNews reports. The thieves have already sold much of the loot, which included four Bored Ape NFT.
“I got hacked. All my monkeys are gone,” Kramer said in a tweet now deleted on December 30. “This has just been sold, please help me.”
While many proponents of blockchain technology tout the virtues of its decentralized system, it ultimately became a nuisance for Kramer, who could turn to no legal authority to recover his NFTs.
As you might expect, the gallerist was completely grilled on Twitter.
“Man, if only there was some sort of regulatory authority in place that could like insure your investments against theft and fraud,” a user replied.
“The transition from libertarian guys from pretending they’re going to 3D print a gun and overthrow the government to calling the cops about their imaginary monkey theft is awesome,” tweeted another.
Fortunately for Kramer, he was able to obtain an authority to help him: the OpenSea market itself. NFT trading platform helped he coordinates with the buyers of his images and collects at least several of the tokens.
The irony of OpenSea’s involvement in a supposedly decentralized platform has not gone unnoticed by users. Many criticized his involvement and decried the platform’s freezing of user accounts.
“We take theft seriously and have policies in place to fulfill our obligations to the community and deter theft in the wider ecosystem,” OpenSea said in an email. at ArtNews.
Alas, as these thefts become more common as NFTs grow in popularity, more and more people are going to have to come to terms with the full implications of a decentralized financial system. At the very least, though, we’ll get more hilarious tweets from people roasting these idiots.
READ MORE: Thieves Steal Gallery Owner’s Multimillion-Dollar NFT Collection: ‘All My Apes Gone’ [ArtNews]
Learn more about NFTs: Artist shuts down because people keep stealing their work to make NFTs