Seth Green’s BAYC NFT was stolen on the Seth Green NFT show. Seth Green NFT show is having trouble because some of his NFT apes got stolen from him via a phishing scam. The theft of one very unique ape, which was then sold to another user, is bad news for him because Green planned and developed an entirely new TV series starring that digital NFT. Seth Green NFT show series may be over now that he no longer owns the rights to it.
Seth Green, an actor, and an NFT buyer revealed on May 8 that an unknown scammer took some of his NFTs through a phishing scam. Green announced the loss of his stolen and resold NFT assets on Twitter. A Bored Ape, two Mutant Apes, and a Doodle were swiped from Green’s wallet after he inadvertently responded to a fraudulent website.
This may have significant implications for the actor who, since July 2021, has been producing a live-action TV series based on some of his NFTs. Bored Ape #8398, who Green had dubbed Fred, was going to be the star of the Seth Green NFT show as a bartender.
“[I] have spent the last several months developing and exploiting the IP to make it into the star of this show,” Green said in an interview on May 21, “Then days before — his name is Fred by the way — days before he’s set to make his world debut, he’s literally kidnapped.”
During that same evening when he was interviewed on stage, he debuted the first trailer for the Seth Green NFT show. Though if Green will even be able to finish and release the Seth Green NFT show is up for debate.
How did Seth Green NFT show cause stolen BAYC?
An intellectual property attorney says the situation is not looking good for Seth.
According to that legal expert, the current owner and holder of the chimpanzee known as Fred may cause a lot of trouble for the actor since they now possess the commercial usage rights for the artwork associated with that NFT. As a result, some of this is pure conjecture, since NFTs are still relatively new and the courts, like many others around the world, are experimenting with them to figure out what they are and how they function.
However, it is true that many NFT projects are giving owners the power to commercially develop and profit from the art they already own. Bored Ape Yacht Club, where Seth Green bought Fred from, was one of the first large-scale NFT projects to enact such rights usages to owners.
So, it appears that if Green wants to continue producing his NFT TV program, he’ll have to reclaim control and ownership of his stolen NFTs, particularly his main character, Fred. Green, on the other hand, appears to be well-informed. The last few weeks since the hoax began, he’s been messaging with DarkWing84, the current owner of the ape. It’s unclear whether or not the user was aware that the gorilla was seized illegally.
The NFT market OpenSea has issued warnings about the NFTs’ suspicious activities, which is odd given that the whole purpose of NFTs was to avoid depending on centralized bodies or organizations to control the economy. The most intriguing part of this is that it may have opened a door to the future. Because rich people despise being duped, NFT companies must keep these whales satisfied if this scam is to continue for another month or two. So… If you try to purchase the stolen NFTs, you’ll be prompted with a caution notice. We have recently featured news about NBA Association NFT scam, seems like the NFT scene needs to be regulated…
However, Green isn’t giving up hope on his co-star. During an interview attended by NFT fans and admirers, the actor stated that he would work hard to rescue Fred from his present captors.
“Guys, if there’s a door to kick in, I promise I’m gonna kick in the door for us.” says Green.