Tag: nft theft

Five charged in France over ‘Bored Ape’ NFT theft
Technology

Five charged in France over ‘Bored Ape’ NFT theft

[ad_1] Five people were charged in France Wednesday on suspicion of fraudulently acquiring $2.5 million of valuable NFTs. Five people were charged in France Wednesday on suspicion of fraudulently acquiring $2.5 million of valuable NFTs, digital certificates of ownership for artworks that can be traded online, Paris prosecutors said.Charges against the five young adult suspects over the theft include fraud committed as part of a criminal gang, concealing fraud and criminal association. Prosecutors believe the group fraudulently acquired control of the NFTs -- an acronym for "non-fungible token" -- between late 2021 and early 2022. They include several of the cartoon monkey portraits dubbed "Bored Apes" that are among the best-known and most sought-after digital art assets.A report earl...