In late January, a listing error occurred on the popular NFT platform OpenSea, and Bored Ape Yacht Club NFTs were offered for sale at well below their current price. For this reason, a Bored Ape owner sued OpenSea for $1 million.
Timothy McKimmy of Texas claimed that OpenSea was aware of this January bug and did not take the necessary action to resolve it.
Sues OpenSea for One Million Dollars
Plaintiff McKimmy’s statement to Texas federal court did not list Bored Ape #3475 but was sold for 0.1 ETH (approximately $26) told. He reported that this sold NFT was resold for 99 ETH ($250,000) soon after.
OpenSea returned 750 ETH ($1.8 million) to users who lost their NFT in the attack, but McKimmy said that OpenSea was not satisfied with these attempts and took the case to court.
OpenSea, the world’s largest NFT marketplace, has recently found itself at the center of legal disputes and scams, resulting in users working with competing markets.
OpenSea announced this week that it was exposed to phishing scams with $1.7 million worth of NFT theft.
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