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Scammers Abuse OpenSea Policy to Sell NFTs of 6th Largest BAYC Holder

Published 01/23/2023, 07:58 AM
Updated 01/23/2023, 08:00 AM
Scammers Abuse OpenSea Policy to Sell NFTs of 6th Largest BAYC Holder

  • The sixth largest BAYC holder said his NFT was exploited on OpenSea twice a week.
  • OpenSea is yet to respond to the claims, but the matter is getting attention in the NFT community.
  • Last Friday, a US court tossed out a lawsuit against OpenSea.

Some people have exploited OpenSea’s ape policy to sell the Bored Ape Yacht Club (BAYC) NFTS to collectors. Franklin, the sixth largest BAYC holder, tweeted yesterday, complaining that the ugly incident has happened to him twice in one week.

The prominent NFT holder claimed someone sold his collection offer after it was already marked as ‘under review for suspicious activity,’ using a ‘Match Advanced Order’ function.

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