What is Bored Ape: The Seth Green NFT That Shut Down His Whole Show
Seth Green’s plan for a Bored Ape series based on the characters he’d gathered has failed miserably. Seth Green, an actor and producer, was the victim of a digital heist earlier this month, which led to the loss of four NFTs, including one Bored Ape worth $200,000, which were taken from his crypto wallet., effectively killing his future animated series based on the Ape. You might be wondering how a television show might be ruined by a phishing hoax. White Horse Tavern, on the other hand, uses characters from Green’s enormous NFT collection, and without those digital assets, Green’s capacity to create derivative works of characters is put into question.
Seth Announcing the Stolen NFTs of Bored Ape
He recently took to Twitter to plead with fellow crypto guys not to buy the stolen NFTs, even attempting to contact someone who had done so.
Well frens it happened to me. Got phished and had 4NFT stolen. @BoredApeYC @opensea @doodles @yugalabs please don’t buy or trade these while I work to resolve:@DarkWing84 looks like you bought my stolen ape- hit me up so we can fix it pic.twitter.com/VL1OVnd44m
— Seth Green (@SethGreen) May 17, 2022
Green not only lost the digital collectable when his NFT was taken via a phishing site on May 8 and later resold to a user named DarkWing84, but he may have also lost the licence issued under the ambiguous BAYC terms and conditions.
Seth seemed shaken by the theft of Bored Ape
In an interview with crypto-evangelist Gary Vaynerchuk at the NFT Bros conference VeeCon on Saturday, May 22, Green appeared devastated by the monkey’s tragic fate.
“I bought that ape in July 2021, and have spent the last several months developing and exploiting the IP to make it into the star of this show,” he continued. “Then days before — his name is Fred by the way — days before he’s set to make his world debut, he’s literally kidnapped.” Fred! Kidnapped!
The owner of the NFT is given permission to modify the works for commercial use in the instance of the Bored Ape series, which has resulted in an explosion of Bored Ape merchandise and NFT adaptations.
Transaction ledgers suggest that DarkWing84 paid more than $200,000 for Green’s abducted Ape.
Not true since the art was stolen. A buyer who purchased stolen art with real money and refuses to return it is not legally entitled to exploitation usage of the underlying IP. It’ll go to court, but I’d prefer to meet @DarkWing84 before that. Seems we’d have lots in common.
— Seth Green (@SethGreen) May 24, 2022
Green took to Twitter on May 24 to present an ultimatum to DarkWing: either they settle their copyright dispute or Green will sue him. Whether or not DarkWing84 was aware that this was a black market buy is irrelevant; the fact remains that Green is currently out of luck.