• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

The Bored Ape Yacht Club film venture was in a tough place simply because … NFT was stolen

193
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

There was an “oops” condition in which the copyright of the Bored Ape Yacht Club picture comes with the NFT itself, so it would be tough to distribute the movie with out holding the NFT.

The Bored Ape Yacht Club film venture was in a tough place simply because … NFT was stolen

On May 17, Seth Green, an American actor / producer, announced on Twitter that he was tricked into shedding four NFTs due to a phishing assault on May eight. NFTs stolen from Mr. Green’s wallet integrated Bored Ape # 8398, Mutant Ape # 9964 and # 19182, and Doodle # 7546.

Related articles

Azuki DAO changed its name, "transformed" into a memecoin project

Azuki DAO transformed its identify, “transformed” into a memecoin undertaking

November 27, 2023
OpenSea "gets dirty" for the NFT FATZUKI project despite being inactive for 4 months

OpenSea “gets dirty” for the NFT FATZUKI undertaking in spite of staying inactive for four months

November 26, 2023

Mr. Green unveiled that the hacker then immediately offered NFT to a man or woman with a DarkWing84 Twitter account for 106.five ETH, which is far more than $ 265,000.

Well, it occurred to me. He was phished and stole 4NFT. @BoredApeYC @offshore @scarabocchi @yugalab please will not get or exchange them even though I function to resolve:@ DarkWing84 Looks like you purchased my stolen monkey, hit me so we can repair it pic.twitter.com/VL1OVnd44m

– Seth Green (@SethGreen) May 17, 2022

Seth Green then attempted to speak to the other account with an give to get the NFT back, as it would be utilised in a venture he was functioning on. However, it can be been a even though due to the fact the aforementioned Twitter account has not responded, with the final time energetic due to the fact March 2021.

Mr. Seth Green unveiled:

“I bought that Ape NFT in July 2021 and have spent the last few months making it the star of the upcoming product. A few days before his release, it could be said that he was kidnapped ”.

Bored Ape Yacht Club (BAYC) is a unique NFT assortment from the globe of cryptocurrencies. Not only is BAYC the most productive NFT assortment at the minute, with a substantial local community of owners, has its very own token release and metaverse game quickly, BAYC is also giving token holders the picture copyright and legal rights that come from every “monkey”, but not with the business behind the assortment, Yuga Labs. This indicates that the owners of BAYC have all rights to use it for arbitrary industrial functions, as nicely as to build derivative will work for it.

But with the aforementioned NFT hacked and then uncovered a new proprietor, Green’s movie in progress may well have to be temporarily delayed even though making an attempt to repair it, simply because DarkWing84 is the 1 who owns the rights to the picture of Bored Ape # 8398, and this man or woman most likely it will not make it possible for the NFT to be extensively promoted or to declare royalties for the movie.

However, it is also advised that, as NFT was stolen, copyright will not apply in this situation. The controversy continues simply because there is no clear law for NFT copyright as is the situation with Yuga Labs and Bored Ape Yacht Club, and there is no precedent to depend on.

While the events are nonetheless making an attempt to figure this out, the NFT market’s OpenSea platform has made the decision to block Bored Ape No. 8398, as their policy does not favor the acquire / sale / exchange of stolen products or indicators of crime.

Bored Ape # 8398 is presently “frozen” by OpenSea

Synthetic currency 68

Maybe you are interested:

Maybe you are interested:

Tags: ApeBoredclubdifficultMovieNFTpositionprojectStolenYacht
Share77Tweet48

Related Posts

Metaplanet Acquires 1,088 BTC Expanding Holdings Significantly

by shark
June 2, 2025
0

Japan's Metaplanet has acquired 1,088 more Bitcoin for $117.7 million, positioning it among the top ten global holders.

Bitcoin ETFs See $157 Million Outflow Ending Inflows Streak

by shark
June 2, 2025
0

The Bitcoin ETFs experience a net outflow of $157 million, ending six-week inflow streaks, reflecting shifts in investor sentiment due...

Nervos Network’s Force Bridge Compromised in $3M Hack

by shark
June 2, 2025
0

Cyvers Alerts reported a hack on Nervos Network's Force Bridge, compromising over $3 million in assets on June 2, 2025.

BitoPro Hack: $11.5 Million Lost in Taiwan

by shark
June 2, 2025
0

BitoPro, Taiwan-based crypto exchange, suffered an $11.5M hack in May 2025, with user fund impacts reported.

US Congress Moves to Introduce New Crypto Legislation

by shark
June 2, 2025
0

US Congress advances CLARITY Act for digital asset regulation, affecting crypto markets and investor confidence.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Metaplanet Acquires 1,088 BTC Expanding Holdings Significantly
  • Bitcoin ETFs See $157 Million Outflow Ending Inflows Streak
  • Nervos Network’s Force Bridge Compromised in $3M Hack
  • BitoPro Hack: $11.5 Million Lost in Taiwan
  • US Congress Moves to Introduce New Crypto Legislation
  • Singapore’s MAS to Curb Overseas Crypto Activities by 2025
  • Metaplanet Acquires 1,088 Bitcoin, Total Reaches 8,888 BTC
  • Metaplanet Acquires Additional 1,088 Bitcoins
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7