Jason Falovitch suffers $150k loss in recent NFT theft


  • Another major NFT theft resurfaced on September 25th, 2022.
  • Hackers have breached the wallet of Jason Falovitch.
  • They have stolen NFTs worth nearly $150k.

A recent major NFT theft has made it to the headlines on the internet. Hackers breached the crypto wallet of Jason Falovitch on September 25th, 2022.

The crypto entrepreneur, Jason Falovitch shared his disappointment with the incident on Twitter saying,

I got hacked last night on @opensea. Apes, doodles, eth. It’s not pretty.

According to Jason Falovitch’s Twitter post, they have reportedly stolen 4 NFTs from his crypto wallet on OpenSea. The total value of these NFTs roughly amounts to $150k. Among the stolen NFTs includes Bored Ape Yacht Club, Mutant Ape Yacht Club, Doodles #5260, and Doodles #16404.

He also mentioned his stolen NFTs in the post and urged people not to buy them from his wallet.

The recent hack is a major blow to Jason Falovitch who had invested over $377,000 in NFTs and ETH. He said in his Tweet that he is over $1M hackled in NFTs and ETH.

Adding salt to his million-dollar worth of injury, some thieves also broke into his car and got away with money when the former sports manager was reporting the NFT theft incident to the police.

However, Falovitch has received a lot of criticism from several crypto users who accuse him of promoting crypto and NFT scams. One of the crypto experts who goes by the name ZachXBT said,

Falovitch, for all of the people you rekt with the scams promoted on your Instagram page, definitely won’t be tracking this one.

Jason Falovitch had co-founded a series of social media pages, @ NFT, where he promoted scammy NFT projects. The pages received huge criticism from the NFT community and a ban from Twitter in February 2022.