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NFTs worth over $1 million sold for thousands on OpenSea due to a loophole in its listing

3 monthes ago   |   By Business Insider

This Bored Ape is just one of the NFTs auctioned at Sotheby's recently. Sotheby's
Opportunists bought NFTs worth over $1 million in total for much less due to an OpenSea bug, Bloomberg reported.
One Bored Ape NFT priced at 128 ether was bought for 87 ether - meaning the seller missed out on $90,000.
OpenSea said it has closed the loophole, which resurfaced old listings when items were transferred back to a wallet.
Opportunists exploited a loophole on OpenSea to buy more than $1 million worth of NFTs for just thousands of dollars, Bloomberg reported. Buyers on the marketplace were able to...
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