May 26, 2022

“I have been hacked. All my apes are gone.”

Ape Thieves

Well, it happened again.

Hackers tricked Todd Kramer, owner of the art gallery Ross + Kramer Gallery, in a phishing scam in which they stole 15 NFTs valued at $2.2 million, ArtNews reports. The thieves already sold much of the haul, which included four Bored Ape NFTs.

“I have been hacked. All my apes gone,” Kramer said in a now-deleted tweet on December 30. “This just sold please help me.”

Decentralized Problems

While many proponents of blockchain technology extol the virtues of its decentralized system, this ultimately became a nuisance for Kramer, who couldn’t turn to any legal authority to get his NFTs back. 

Predictably, the gallery owner got completely roasted on Twitter. 

“Man, if only there had been some kind of regulating authority in place that could like insure your investments against theft and fraud,” one user replied

“The transition of libertarian guys from pretending they’re gonna 3D print a gun and overthrow the government to calling the cops about having their imaginary ape stolen is awesome,” tweeted another.

Lost and Found 

Luckily for Kramer, he was able to get one authority to help him: the OpenSea marketplace itself. The NFT trading platform helped him coordinate with the buyers of his images and get at least several of the tokens back. 

The irony of OpenSea getting involved in an allegedly decentralized platform wasn’t lost on users. Many criticized its involvement and decried…

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