Green, like other celebrities who joined the crypto craze, had bought several pieces of digital art using the blockchain technology that underpins cryptocurrency. “Well frens it happened to me,” Green tweeted, writing that he’d gotten duped by a fake website that hijacked the items. “We the early adopters are figuring out the necessary improvements in real time.”The growth in crypto fraud has turned exponential in recent years. Crypto technology was built out of a “libertarian ethos” in which “there’s no nanny state that’s going to take care of you,” said Jeremy Goldman, an intellectual property attorney who specializes in legal issues involving crypto assets. “The theft was unfortunate, not just because valued NFTs were stolen,” the firm’s lawyers wrote in a June 3 court filing.

Source: Los Angeles Times June 18, 2022 17:19 UTC