How This NFT Trader Lost His Funds On OpenSea, Does The Platform Needs To Change?
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How This NFT Trader Lost His Funds On OpenSea, Does The Platform Needs To Change?

THELOGICALINDIAN - The NFT behemothic OpenSea afresh faced backfire due to a sales adventure Digital artisan and columnist Marco Grassi appear via Twitter the accident of a above allotment of his clamminess in a transaction to access one of the items from the Alien Frens accumulating Grassi began his adventure with the afterward message

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Valued at 1.5 ETH, at the time of purchase, Grassi claimed he started the transaction to buy Alien Fren #7085 on OpenSea, an account with a appropriate aviator hat and an orange-like color. During the transaction, Grassi didn’t apprehension annihilation unusual, “no red flags or anything”.

Two hours afterwards he fabricated the purchase, Grassi re-listed his Alien Fren #7085 for 2.9 ETH. However, the artisan was met with a abruptness as OpenSea abreast him that the items he aloof purchased were flagged as stolen.

Without his knowledge, Grassi purchased the account from the bandit and now was clumsy to transact with Alien Fren #7085 due to the platform’s policies. The NFT artisan said:

The artisan followed accepted faculty and opened a admission with OpenSea support, but a day after there was no reply. In step, the artisan was met with an automated acknowledgment that offered no band-aid to his affair and alike told him it could booty up to 7 canicule to accept a band-aid if any.

The NFT Community Stands To The Occasion

So, Grassi took the affair to Instagram, the amusing media area he has over 300,000 followers, and saw a alert acknowledgment from OpenSea. Support told the NFT artisan that the account was flagged as baseborn and accordingly he will be clumsy to buy, sell, or alike move the item.

In addition, OpenSea abutment abreast Grassi that they were clumsy to acquittance the money he absent at the purchase. In the meantime, as the NFT artisan denounced via Twitter, the bandit was safe with the money and not advantageous any after-effects for his actions, Grassi said while authoritative an important question:

A few hours afterwards announcement his acquaintance with OpenSea, the Alien Frens activity replied and beatific Grassi his funds back. Via Twitter, the aggregation abaft the activity asked the NFT marketplace:

Grassi’s adventure assured with a blessed ending. However, there could be others with altered luck, bodies action on their work, and dupe OpenSea to accept their backs at a acute moment after accepting a reply.

The NFT exchange afresh completed a Series C allotment annular with a $13.3 billion appraisal with the abeyant to end 2022 with over bristles times its accepted trading volume. Remains to be apparent if the belvedere will absolute assets to abode some of the apropos presented by its users.

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As of columnist time, ETH’s amount trades at $3,385 with an 11.7% alteration in the accomplished day.