It is unfortunate that the NFT world is often plagued by scammers and hackers, some of whom remain incredibly difficult to track down. This makes it even more remarkable that the Binance The security team caught a criminal behind an NFT hack from last year.
This news was shared by the CEO of Binance Chanpeng Zhao in a Twitter thread on January 17, 2023.
To catch a hacker
As Zhao explained, this whole saga started last year when Yılmaz Aslantürk, a prominent Turkish artist, had his NFTs stolen.
last year this famous artist in Turkey started NFT on OpenSea and got hacked. Binance’s security team took note and identified a suspect.
After communicating with the suspect for months, they finally admitted to stealing the money and agreed to return the funds.
To stay #ROW. https://t.co/qaoOZ36SiG
— CZ 🔶 Binance (@cz_binance) January 17, 2023
Zhao also said that the Binance team contacted the criminal and had conversations with him for several months. Eventually, they admitted to stealing the assets and agreed to return the money. In response to another Twitter user, Zhao was quick to clarify that Binance is not associated with OpenSea, but simply trying to help if he identifies a suspect in any theft.
This news came as a relief to Aslantürk, who publicly thanked the Binance team for the recovery of the assets. It will also come as a relief to NFT users who may have a bit more faith in the industry.
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Tokoni Uti has written extensively on blockchain and cryptocurrency for years. Her work has been featured on sites like BTCmanager and Blockchain Reporter. She has a degree in Corporate Communications.