Article 629JF Cameo’s CEO fell victim to the latest Bored Ape NFT heist

Cameo’s CEO fell victim to the latest Bored Ape NFT heist

by
Adi Robertson
from The Verge on (#629JF)
bayc.0.png Image: Bored Ape Yacht Club

Non-fungible token, or NFT, thefts aren't uncommon, but they continue to be a little mind-boggling- a bizarre combination of high risk and massive financial losses. The latest high-profile target is Steven Galanis, the CEO of celebrity video platform Cameo. Galanis reported over the weekend that he'd gotten his Apple ID hacked, and as a result, he lost a variety of NFTs. Most prominently, that included a Bored Ape Yacht Club ape that he bought for nearly $320,000 in January.

Galanis tweeted about the theft of Ape #9012 on Saturday, following a bot reporting the NFT being resold. Galanis originally purchased the ape for 100 Ethereum - around $319,500 at the time of purchase - and the alleged thief flipped it to a new owner for 77...

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