Controversial cryptocurrency entrepreneur Jason Falovitch reported on Sunday that hackers breached his cryptocurrency wallet on OpenSea and stole four NFTs and six ETHs.

The value of the stolen assets is estimated to be in the range of $150,000, media reports said.

In a similar incident earlier this month, famous American actor and comedian Bill Muray fell victim to hackers and lost 119.2 ETH worth $185,000 that he had just raised through his NFT action for a charity.

Request to fix the responsibility on the wallet service provider, a user defendant OpenSea for a million dollars after he lost his Bored Ape NFT in a phishing attack. The plaintiff claimed that OpenSea must accept some responsibility for the heist.

Falovitch’s loss

The four NFTs hackers illegally transferred from his wallet included a Bored Ape Yacht Club (BAYC) NFT, a Mutant Ape Yacht Club (MAYC) NFT, and two Doodles. Both Mutant and Bored Ape NFTs were sold for 15.99 ETH and 82.69 ETH, equivalent to $20,700 and $107,000, respectively.

The six ETH at the current market price were worth $7,770. Considering Doodle’s minimum price, the hackers appear to have made a profit of at least $150,000.

For Falovitch, however, the loss was at least twice as large, as he had spent $377,000 to purchase the four NFTs based on ETH prices at the time of their purchase.

“I got hacked last night at Opensea. Monkeys, doodles, eth. It’s not pretty.” Falovitch tweeted on September 25, requesting that no one buy them or anything from his wallet.

In a few follow-up tweets, Falovitch recounted a chain of events that sounded curious, if not mysterious. He claimed that his loss in the hack was $1 million, and when he left to go to the police station to report the matter, he discovered that his car had been broken into. And just before entering the police station, he found some inexplicable writing on the steps.

Little sympathy for Falovitch

It was certainly a bad day for Falovitch, a former sports director who turned to crypto entrepreneurship last year with the launch of Leverage Game Media Company in collaboration with billionaire Mark Cuban. But it seems that the robbery was not all, and much more was to come. Some of the reactions to Falovitch’s heist revelation were certainly not kind.

His media company aimed to promote NFT projects, particularly those in the sports arena.

A group of social media pages co-founded by Falovitch on Twitter and Instagram with the username @NFT was banned in February 2022 for promoting fraudulent projects without sufficient information.

Zachxbt, a popular crypto researcher who helps hacking victims recover their assets, tweeted:: “Karma for all the people you rekt with the scams you promote on your Instagram page. I will definitely not follow this one.”

Falovitch’s tweets drew angry reactions from many more Twitter users.

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This post Hackers breach Jason Falovitch’s wallet and steal $150K worth of NFT, ETH Hackers breach Jason Falovitch’s wallet and steal $150K worth of NFT, ETH

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