In another shocking NFT theft, the CEO of Cameo, Steven Galanis, has lost a Bored Ape NFT and others in an Apple ID scam. This is the latest high-profile NFT theft in the space, following a string of scams this year. Significantly, the theft included BAYC #9012, which Galanis originally purchased for 100 Ethereum (roughly $319,500) in January. The thief has already sold the ape for 77 ETH ($130,000). In response to the NFT theft, OpenSea has frozen the ape, which prevents it from trading on the platform.
CEO of Cameo loses Bored Ape and more
In the first tweet about the Apple ID scam, Steven Galanis (@Mr312) said, “Just got my Apple ID hacked. So far, I’m out [email protected] over 9k in $APE, three @OthersideMeta plots, one Phanta Bear, and two @11CaptainsClub NFTs.”
Galanis lost several NFTs, $APE coins, and the Bored Ape. The loss adds up to a substantial amount, making it almost impossible for the owner to regain their NFTs. It is another example of why NFT security is so important, and you should keep up to date with the latest security features.
Apple ID scam behind the NFT theft
It is unclear exactly how Galanis was hacked, but he confirmed that it happened through an Apple ID scam. Some users on Twitter offered their opinions on how it is possible.
Several comments said it could happen because Galanis kept a copy of his seed phrase on an app that uses iCloud, and the hacker got in that way. However, he has not detailed exactly how the hack took place. For now, the Bored Ape will remain frozen on OpenSea.
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