With automated sales freezes
Nov 2, 2022, 6:30 PM UTCOpenSea 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
, 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.that the system will look at “a number of industry data sources,” as well as how the NFT was transferred out of the owner’s wallet and what else the wallets involved had going on around the time of the transfer.
Of course, there’s only so much OpenSea can do — it can’t stop the NFT from being flipped on another market that doesn’t have this sort of system. However, (despite a
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