Other
Tweet thread by OpenSea
Primary Source ↗Incident Details
The dominant NFT platform, OpenSea, has changed its policy around NFTs that are reported as stolen. OpenSea now requires those who have reported an NFT as stolen to produce a police report within seven days, or else they will re-enable trading of the asset.Some have praised the change as a good step towards preventing false reports, whereas others have complained that the change does not apply retroactively to assets that have already been frozen from trading on the platform. Others have raised concerns about the new requirement that they engage with police.
Technical Details
- Vendor / Product
- OpenSea requires police report to freeze NFTs
Timeline
- 2022-08-10 Breach occurred
- 2022-08-10 Publicly disclosed