Taiwanese star Jay Chou says Bored Ape NFT has been stolen by ‘phishing website’
- Chou’s stolen NFT is from Bored Ape Yacht Club (BAYC), one of the world’s most valuable NFT collections
- The rapidly-evolving NFT space has become riddled with global scams, fraud and theft recently, with little regulatory oversight
A valuable non-fungible token (NFT) owned by Jay Chou has been stolen, the Taiwanese singer said on his Instagram account on Friday, in another cybercrime incident linked to the rising popularity of the digital tokens.
However, he then discovered that the digital token was “really gone”. Chou asked people to be careful and said that NFT theft is not a joke by adding hashtags to the post.
Chou’s stolen NFT is from Bored Ape Yacht Club (BAYC), one of the world’s most valuable NFT collections.
On Friday the collection’s cheapest NFT on sale cost 108 ether, roughly equivalent to US$352,695. The NFT allegedly stolen from Chou was sold on the LooksRare platform for 130 ether, roughly US$424,541.
On OpenSea, the world’s largest NFT marketplace, the account that appears to be operated by Jay Chou was marked on Friday as compromised.
On Etherscan, an Ethereum analytics platform, the crypto wallet address that Chou’s allegedly stolen NFT was transferred to is marked with a warning, which says that it was reported to have been used in a phishing scam, and that users should exercise caution when interacting with the address.