Bored Ape NFT thief gets charged

Hanno Labuschagne

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Bored Ape NFT thief gets charged

US prosecutors charged a Moroccan man with stealing $450,000 (R8.44 million) in cryptocurrency and nonfungible tokens, including two Bored Apes, by creating a fake replica of the OpenSea digital marketplace in 2021.

Soufiane Oulahyane, 25, set up the website to trick victims into revealing the seed phrase — a series of random words that open a crypto wallet — to gain access to actual accounts on OpenSea, the largest marketplace for NFTs, the Department of Justice said Monday.

[Bloomberg]
 
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