OpenSea CEO Talks About The NFT Theft On The Platform

Popular NFT platform OpenSea said it is actively investigating allegations of NFT theft that occurred on the platform on Saturday.
 OpenSea CEO Talks About The NFT Theft On The Platform
READING NOW OpenSea CEO Talks About The NFT Theft On The Platform

Popular NFT platform OpenSea said on Saturday that it is actively investigating allegations of NFT theft that occurred on the platform. Users reported that digital assets were stolen, including NFTs from the Cool Cats and Doodle collections.

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However, OpenSea co-founder and CEO Devin Finzer tweeted that the situation did not affect OpenSea at all, instead targeting people who rely on the market to trade and protect their digital assets.

“We do not believe that the attack was due to OpenSea”

CEO Finzer shared the following tweet on the subject;

As far as we know, this is a phishing attack. We do not believe it is affiliated with the OpenSea website. So far 32 users have signed a malicious payload from an attacker and some of their NFTs appear to have been stolen.”

In other words, people may have received official-looking emails tricking them into moving their NFT to someone else’s wallet. This address, which blockchain explorer EtherScan has labeled as Fake_Phishing5169, now has a balance of 641 ETH over $1.7 million.

If Finzer’s thesis is correct, the attacker(s) chose the best time to go phishing. On Friday, OpenSea released a new smart contract, asking users to migrate their assets.

Finzer urged users to always make sure they use the official opensea.io website and beware of suspicious emails.

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