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Benzinga
Benzinga
Business
Samyuktha Sriram

Bored Ape Investor Sues OpenSea For $1M Over Stolen NFT

OpenSea Texas

Texas resident Timothy McKimmy is accusing decentralized marketplace OpenSea of negligence in lawsuit over a recent exploit that resulted in the loss of his Bored Ape Yacht Club NFT.

What Happened: According to a complaint filed Feb. 18, McKimmy is seeking damages equivalent to the valuation of the Bored Ape and/or monetary compensation of over $1 million.

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