Opensea Faces Legal Repercussions Of 1 Million Over Stolen Funds

Last updated: June 9, 2025, 05:00

Opensea Faces Legal Repercussions Of 1 Million Over Stolen Funds

OpenSea

OpenSea, the largest digital marketplace for NFTs, is facing a $1 million lawsuit from a collector who says he lost his Bored Ape NFT to hackers because of a known

OpenSea faces $1 million lawsuit over stolen Bored Ape NFTs

OpenSea Faces $1M Lawsuit Over Allegedly ‘Stolen’ Bored Ape NFT

Timothy McKimmy

OpenSea is accused of having security vulnerabilities that made it possible for NFTs to be stolen. Two plaintiffs say that the marketplace refused to address bugs in its code that let the theft

Timothy McKimmy, an NFT collector and a Texas resident has sued NFT marketplace OpenSea after allegedly losing his Bored Ape Yacht Club NFT due to what he

OpenSea Drama Continues After Phishing Attacks With $1 Million

On

A man from Texas, who accidentally sold his Bored Ape non-fungible token for just 0.01 ETH (US$26), is now suing OpenSea, claiming the platform was privy to a bug

OpenSea Faces $1 Million Lawsuit Over Stolen Ape NFTs

On 18th February, a man from Texas filed a lawsuit against the largest NFT marketplace OpenSea, seeking about $1 million in damages from the company or the return of

McKimmy was a victim of

McKimmy was a victim of the inactive listing exploit on OpenSea that saw multiple users lose up to $1.8 million in NFTs. OpenSea has reportedly been approaching

NFT Marketplace OpenSea Faces $1 Million Lawsuit Over Allegedly

Man seeks $1M in damages from OpenSea over stolen Bored Ape

Nevertheless

NFT Man Sues for $1 Million After His Precious Ape Is Stolen

Nevertheless, OpenSea users are starting to take legal action against the NFT marketplace, Thimothy McKimmy – who goes by the nickname McKimmy on OpenSea