NFT

Cameo's CEO Just Had His Bored Ape (and Other NFTs) Stolen in Apple ID Hack

Which led to over $200,000 (USD) stolen between NFTs and crypto tokens.

NFT

Cameo's CEO Just Had His Bored Ape (and Other NFTs) Stolen in Apple ID Hack

Which led to over $200,000 (USD) stolen between NFTs and crypto tokens.

Cameo co-founder and CEO Steven Galanis revealed on Sunday, August 7, that he was the victim of an Apple ID hack that led to the theft of many of his NFTs and crypto tokens, amounting to a loss of over $200,000 (USD).

The theft included a Bored Ape, three Otherside land plots, nearly $70,000 USD in ApeCoin, and other various collectibles from Phanta Bear and 11 Captains Club projects.

Launched in 2016, Cameo is a celebrity messaging app that allows talent to send personalized videos to fans.

Records show that Galanis joined the Bored Ape Yacht Club (BAYC) in January through the purchase of Bored Ape #9012. He originally paid 100 ETH, approximately $320,000 (USD) at the time of sale.

The scammer immediately sold the illegally acquired BAYC asset for an undervalued price of 77 ETH, about $130,000 (USD).

The OpeanSea account — DCC10E — reportedly connected to the stolen BAYC transaction, has since been inactive on the platform. Galanis has turned to OpenSea for help, with the NFT marketplace suspending any purchase and/or sale of Bored Ape #9012 until further investigation.

Galanis is no stranger to the NFT space, as he led Cameo in its first Web3 efforts this past spring. Launching Cameo’s own NFT collection, Cameo Pass consists of an exclusive community-based membership for events, merchandise, and other unique utilities.

The Cameo NFTs artwork was designed by notable Doodles’ artist, Burnt Toast, along with Vinnie Hager and Luke McGarry. The company revealed that any NFT sale profits collected would be reinvested for Cameo’s future Web3 explorations.

In other Web3 news, Crypto.com to expand services to South Korea.

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