Six apes wearing different clothes and accessories. One has pizza in its mouth, another wears a flannel, another has 3D glasses.

Image: Bored Ape Yacht Club

Non-fungible token, or NFT, thefts aren’t uncommon, but they continue to be a little mind-boggling— a bizarre combination of high risk and massive financial losses. The latest high-profile target is Steven Galanis, the CEO of celebrity video platform Cameo. Galanis reported over the weekend that he’d gotten his Apple ID hacked, and as a result, he lost a variety of NFTs. Most prominently, that included a Bored Ape Yacht Club ape that he bought for nearly $320,000 in January.

Galanis tweeted about the theft of Ape #9012 on Saturday, following a bot reporting the NFT being resold. Galanis originally purchased the ape for 100 Ethereum — around $319,500 at the time of purchase — and the alleged thief flipped it to a new owner for 77...

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