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NFT? More like Nice For People To Steal. Earlier this month, actor and producer Seth Green was the victim of a digital heist that resulted in the loss of four NFTs, including Bored Ape Yacht Club #8398, leaving his upcoming animated series based on the Ape dead in the water. You may be wondering how a phishing scam can derail a TV show. Spring, Tavern at the Weißen Rössl includes characters in Green’s vast NFT collection, and without these digital assets in his possession, Green’s ability to produce derivative work of characters is called into question. When his NFT was stolen via a phishing site on May 8th and later resold to a user named DarkWing84, Green not only lost the digital collectible but possibly also the license provided under the unclear BAYC Terms of Service. In an interview with crypto evangelist Gary Vaynerchuk at the NFT Bros Conference VeeCon On Saturday, May 22, Green appeared devastated by the ape’s tragic fate. “I bought this monkey in July 2021 and have spent the last few months developing and leveraging the intellectual property to make it the star of this show,” he continued. “Then days before – his name is Fred by the way – days before he’s supposed to make his world debut, he’s literally kidnapped.” Fred! Kidnapped!
In the case of the Bored Ape series, the owner of the NFT is granted a license to adapt the works for commercial use, which has led to an explosion of Bored Ape merch and NFT derivatives. According to a report by Motherboard, transaction books show Green’s kidnapped Ape was purchased by DarkWing84 for more than $200,000. Green on May 24th ran to twitter to give DarkWing an ultimatum: either they settle the copyright issue between guys or Green takes him to court. While it’s unclear whether or not DarkWing84 knew this was a black market purchase, that doesn’t change the fact that Green is currently out of luck. Play games in a decentralized, deregulated digital market, you might just win stupid prizes.
https://www.vulture.com/2022/05/seth-green-stolen-nft-tv-show.html Seth Green lost the Bored Ape Yacht Club NFT on his TV show