Written by • July 11, 2023• 4:52 am• Blog

Fake OpenSea Site Leads to $450K Crypto Theft

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Home/Crypto Live News/Fake OpenSea Site Leads to $450K Crypto Theft Crypto Live NewsAuthor: Qadir A…
Fake OpenSea Site Leads to $450K Crypto Theft

Crypto Live News

Author: Qadir AK Jul 11, 2023 10:22

Qadir AK

Author

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

Soufiane Oulahyane, a Moroccan citizen, has been charged by the US Department of Justice for creating a fake version of the online marketplace OpenSea. Using a cybercrime technique called “spoofing,” Oulahyane gained unauthorized access to digital assets and NFTs. He lured Manhattan NFT owners to his fraudulent OpenSea website, tricking them into revealing their seed phrases. Oulahyane then sold bitcoins and numerous NFTs, including one from the Bored Ape Yacht Club collection.

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← Man Arrested in UAE for ‘Insulting Emirati Society’ over Viral Car Showroom Spoof Video Previous Story
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Hashtag Trending Jul.11- Companies drown in AI; Threads new playground for cyberattackers; Oracle a champion of open source

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