Bored Ape Yacht Club NFTs are one of the most sought-after digital collectibles. The lowest-priced NFT in the collection is currently over $200,000.
McKimmy alleges that OpenSea was aware of the bug but failed to act. In January, hackers were able to buy a number of NFTs on the platform for less than their market value.
On February 7, 2022, McKimmy’s rare Bored Ape #3475 was sold for $26 (0.01 ETH) without his knowledge. The buyer quickly flipped the item for nearly 99 ETH or about $308,445 at that time. McKimmy spent 55 ETH to purchase the NFT in December 2021.
Although OpenSea refunded $1.8 million to users who were affected by the frontend vulnerability, McKimmy said he was not satisfied with the resolution. In his legal complaint, registered in a Texas federal court, he said:
OpenSea has been at the center stage of several legal disputes and scams, the latest being a well-orchestrated phishing attack targeted at its users. This week, 17 users of the NFT marketplace reportedly lost $1.7 million to hackers in a phishing scam.
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Source: Cryptocurrency - investing.com
