Bored Ape Owners Sue OpenSea Over Lost Assets – ARTnews.com

After a year of frequent hacks and scams on the NFT platform OpenSea, the company is now facing three separate lawsuits from plaintiffs who lost access to their Bored Ape Yacht Club NFTs. Timmy McKimmy of Texas and Michael Valise of New York claim to have lost Bored Apes in a hack that exploited a … Read more

Auction Houses to Comply With Inquiry Into Sanctioned Russian Assets – ARTnews.com

Christie’s, Sotheby’s, and Phillips, the top three auction houses in the world, will comply with ongoing international efforts targeting assets owned by sanctioned Russian business moguls. On Wednesday, the US Treasury Department released details about an international task force it said will target “high-value” and “luxury” assets owned by blacklisted Russians with links to President … Read more