Seth Green was a proud member of the Bored Ape Yacht Club—until recently, that is.

On May 17, the actor and producer tweeted that he had been the victim of a phishing scam and four NFTs, including Bored Ape #8398, and three other Ethereum NFTs—Mutant Apes #9964 and #19182, and Doodle #7546—had been stolen.

“Please don’t buy or trade these while I work to resolve,” Green pleaded.

In a follow-up tweet, Green explained the phishing attack had taken place while he attempted to mint a GutterCat clone NFT, but that the site he employed turned out to be a phishing site.

Phishing is a form of cybercrime that attempts to steal something of value (in this case, an NFT) through deceptive emails, websites, or social media.

All of this has sparked a debate over what exactly Green has lost, and whether the theft means that Green will no longer be able to go forward with a planned TV show centered around the NFTsunique tokens that are used to demonstrate ownership over digital items.

The issue is a tricky one because of the licensing rules that govern the Bored Ape Yacht Club and Mutant Ape Yacht Club NFT series. While Yuga Labs, the creators of the Bored Ape Yacht club, owns the copyright to the Bored and Mutant Ape Yacht Club brands, the company gives the owner of the individual NFTs a broad license to use the image they own.

Yuga Labs says it grants holders of the NFT an unlimited, worldwide license to use, copy, and display the purchased art. This license…

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.
You need to agree with the terms to proceed