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In a fresh announcement, NFT marketplace OpenSea said that it is updating its stolen digital asset policy. However, the marketplace in a Twitter post admitted that buyers who unknowingly bought stolen items were penalised even though they were not at fault. This is one of the most difficult issues the marketplace faces regularly. Hackers usually take charge of stolen NFTs and list them on different marketplaces, where any user can buy these NFTs.
It should be noted that as soon as an NFT opensea login js declared stolen it is banned from the marketplace until opensea pro user who files the claim reports said it was returned. For all reports going forward, OpenSea said it will wait for a police report within 7 days, meaning that any user who is the victim of the theft will have to register a formal opensra with the flg, opensea yellow flag only after that, the NFTs will be disabled for buying.
If the marketplace does not receive the complaint it will re-enable buying and selling for the reported item. Users who openeea reported the theft can also report re-enabling the NFTs when they recover. Opensea yellow flag buying it is important to investigate the history of opensea creepz NFT. The only way opensea yellow flag prevent buying a stolen NFT from a potential theft is through healthy scepticism and on-chain safety practices.
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