On January 17th, OpenSea’s strategy of freezing stolen NFT assets caused community doubts. According to the policy information disclosed on the OpenSea website: When OpenSea receives a reliable report or learns that an item has been stolen, we will lock the NFT item so that it cannot be bought, sold or transferred using OpenSea.
In this regard, Bankless podcast hosts Ryan Sean Adams and David Hoffman questioned: “Under this policy, the person who stole the NFT loses, the person who buys the NFT loses, and the hacker who takes the ETH wins.
Overall, this seems like a bad precedent, as you might lure more thieves into stealing NFTs. In fact, artistic NFT theft has become a pressing issue at OpenSea of late, with a growing number of creators and influencers criticizing OpenSea for not doing enough to protect artists.