$116 000 USD

AUGUST 2022

GLOBAL

NONE

DESCRIPTION OF EVENTS

"The latest Bored Ape theft was made public on Twitter this Saturday thanks to investigative work from crypto sleuth ZachXBT. According to ZachXBT the NFT was quickly sold or “flipped” after the theft before the thief went on to perform a cross-chain swap on RenBridge."

 

"Wow this person bought a BAYC for $116k (70.69 ETH) then proceeded to get scammed just two hours later."

 

"The owner of a Bored Ape purchased for $116,000 fell victim to a scammer just two hours later. The theft and subsequent flipping of Bored Apes have almost become an industry within itself. August has witnessed a significant number of NFT thefts, many of them involving Bored"

 

"The address it went to has a bunch of other stolen NFTs from people." "Person that was scammed apparently filed a police report"

 

"August has witnessed a significant number of NFT thefts, many of them involving Bored Apes. The theft and subsequent flipping of Bored Apes have almost become an industry within itself."

 

"The incident may be the fastest in the space, with just two hours separating the purchase and swindle." "While the speed of the disaster was impressive, the rest of the story is by no means unique or special."

A Bored Ape NFT, purchased for $116,000, was swiftly flipped by a scammer just two hours after the initial transaction. The thief got away with their funds by performing a cross-chain swap on RenBridge. The individual filed a police report, however it does not appear that they've had any luck in recovering the NFT.

Sources And Further Reading

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