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Dubai News Club > Tech > OpenSea is trying to prevent scammers from flipping stolen NFTs
Tech

OpenSea is trying to prevent scammers from flipping stolen NFTs

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Last updated: 2022/11/02
Press Room
Published: November 2, 2022
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OpenSea has announced it will start freezing sales for NFTs that it suspects have been stolen in an attempt to stop scammers and hackers from flipping ill-gotten tokens. In a blog post on Wednesday, the company said it’s “beginning to test a new system” that will mark NFTs caught up in suspicious transactions as “under review,” blocking people from buying them using the platform.

Anne Fauvre-Willis, OpenSea’s VP of operations, marketplace, and integrity, tells Decrypt that the…

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