NFT art heists, digital wallet hacks, and token scams will continue until morale improves. So why did NFT Theft Victims Beg for Centralized Saviors saying"All my apes gone" in early 2022 and what happens when an NFT is stolen. If you want to know that, read the article below.
Why did NFT Theft Victims Beg for Centralized Saviors saying"All my apes gone" in early 2022?
All My Apes Gone refers to a tweet by a Bored Ape Yacht Club enthusiast announcing that he was hacked in late 2021 and his Ape NFT was stolen. The catchphrase "All My Apes Gone" quickly became a running joke on Twitter, as users posted GIFs and tweets mocking users' plight. On December 30, 2021, Twitter user @toddkramer1 posted, "I've been hacked. All my apes are gone. This item just sold out, please help me." The tweet was posted at It garnered more than 500 retweets, 2,500 quoted tweets, and 2,500 likes in less than 24 hours after posting before being widely mocked.
Kramer quickly asked OpenSea and the NFT community for help on Twitter to help him regain his NFT. Not surprisingly, he was torn to pieces by others in the community for not storing his precious JPEGs in an offline wallet; however, OpenSea froze transactions of the stolen NFT on its platform. More than a few commentators have pointed out that OpenSea's intervention here especially Kramer's plea for a centralized response seems to violate a key tenet of the industry that often conflicts with usability: the idea that "code is law," and once you If your tokens are in someone else's digital wallet, it's game over. While OpenSea didn’t actually reverse the transaction on the blockchain, it did prevent the sale of stolen NFTs on its own platform, the most popular marketplace for NFTs.
However, OpenSea did not answer why it froze trades for these NFTs, as opposed to other stolen NFTs announced on Twitter by Bored Ape Yacht Club and Jungle Freak NFT owners a few weeks ago.
What happens when an NFT is stolen?
OpenSea stated that it will wait for the police report within 7 days, which means that any user who becomes a victim of theft must file a formal complaint with the police, and only after that, NFT will be banned from purchase.
I hope this article will help you to learn why did NFT Theft Victims Beg for Centralized Saviors saying"All my apes gone" in early 2022 and what happens when an NFT is stolen. Protect your digital artwork from theft with services like Adobe's Content Credentials and DeviantArt's Protect.
