SNEAK PEEK
- Seth Green has paid $260,000 for the return of a stolen Bored Ape NFT.
- The actor confirmed that ape is back through records showing the purchase.
- Bored Ape NFT #8398, which was stolen in the theft, will feature in Green’s new show, White Horse Tavern.
Seth Green has been reunited with a stolen Bored Ape ethereum NFT upon paying a sum of $260,000. In a phishing attack carried out by Mr Cheese three weeks ago, the star lost four Bored Ape NFTs worth $300,000 plus.
Bored Ape NFT #8398 was included in the theft and as per reports, has cost Green $200,000. The NFT was to appear in a new TV series, White Horse Tavern.
After the theft, it was not clear whether Green would still hold the licensing rights for the character.
Yuga Labs, the creator of the NFT, holds the copyright to the Bored Ape NFT Yacht Club collection. Though buyers of the NFTs possess the rights to license as well as distribute them, the agreement did not extend to stolen NFTs.
Green stated that he was confident about having the rights to distribute the ape as it was stolen. As per the transaction data, to get the NFT returned, Green paid 165 Ether worth about $260,000.
Mr Cheese, who was identified to be using the pseudonym “DarkWing84, said that he had good faith while buying the NFT and had no plan of returning it; however, he was happy to speak with Green.
Green hinted at taking his adversary to court over the accused theft. He made the announcement through a post on Twitter:
Looking forward to precedent setting debates on IP ownership & exploitation, having spent 18 years studying copyright & the industry laws. I’d ather meet @DarkWing84 to make a deal, vs in court. We can prove the promise of ape community https://t.co/U1GpYK2X7d
— Seth Green (@SethGreen) May 24, 2022
Green seems to be the only person on the wrong end of a crypto phishing attack. The Federal Trade Commission, in its study, found that since the beginning of last year, crypto scams had conned thousands of people out of $1 billion.
Earlier this week, Today NFT News reported $360,000 (200 ETH) Worth of NFTs Stolen From BAYC’s Discord Server! Phishing Attack!
