Seth Green's struggle over his Bored Ape has a fortunate resolution with the return of the valuable NFT.
Reflecting back on the notorious Lindbergh Kidnapping, this incident involving NFT thefts has drawn quite a bit of attention.
While it has been suggested that the theft cost him significantly, the actor and producer is relieved to have his prized possession back. Seth Green ‘s Bored Ape is back where it belongs.
BuzzFeed News Reports indicate that Green managed to retrieve Bored Ape #8398 from a collector who goes by 'Mr. Cheese.' This was confirmed by Green through a conversation on Twitter Spaces. BuzzFeed has more details:
The transaction appears to have taken place using an escrow service known as NFT Trader, with records showing the ape moving from Cheese's wallet to a new home in the 'Fred_Simian' account. Notably, Green has mentioned that he named the ape Fred Simian, and he operates a Twitter account dedicated to this character.
It seems an anonymous wallet—presumably owned by Green—executed a transfer of 165 Ether, roughly equivalent to $297,000, through Trader to reclaim the ape.
Green's ordeal began in early May, with him breaking the news of his loss on Twitter on May 17.
At that moment, the co-creator of Robot Chicken was actively reaching out to try and recover his valuable NFT directly, although he acknowledged that pursuing this matter legally might be necessary.
How “Fred Simian” was kidnapped
Regulatory bodies monitoring cryptocurrency transactions are keeping an eye on this NFT, effectively pausing any further trades. What led to this? According to Green, he fell prey to a phishing scheme that resulted in four NFTs being swiped from his digital collection.
Beyond just losing a costly NFT, Green had developed a whole project, White House Tavern, around the character. Without owning the rights, moving forward with the show wouldn't be feasible. NFT holders gain intellectual property rights upon purchase, so even though Green was victimized, airing the show could potentially lead him into some tricky legal territory. an entire show As reported by BuzzFeed, the individual who sold the ape back to Green—Mr. Cheese, also known as 'DarkWing84'—believed he had legitimately acquired the NFT for $200,000.
What happens now?
While Bored Ape #8398 currently has a cautionary label due to its controversial history, it seems to be one of the first notable cases of its kind.
Cryptocurrencylistings Markets: Cryptocurrencies display continued volatility. OpenSea Chainalysis has provided an early snapshot into its findings concerning Web3 theft, money laundering, and more. NFT the kidnapping sagas is nearly over.
With additional reporting from Amogh Sundararaman .
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- OpenSea aims to prevent NFT theft
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