Bored Ape Owner Files $1M Lawsuit Against OpenSea Over 'Stolen' NFT

From decrypt.co

A Texas man who unwittingly sold his Bored Ape NFT for 0.01 ETH—the equivalent of around $26—is suing OpenSea, alleging the platform knew about a bug that allowed hackers to buy NFTs for far below market price. In a complaint filed in Texas federal court, Timothy McKimmy claims he is the rightful owner of Bored Ape #3475—one of a set of 10,000 highly coveted primate NFTs known as the Bored Ape Yacht Club. He claims that he did not list his Bored Ape for sale and that the NFT was "stolen"—and that the "buyer" promptly resold it for 99 ETH ($250,000 at today's prices). According to McKimmy, the ape in question ... (full story)