# How would you feel if your $320K jpeg got stolen?

**Published by:** [Durwin](https://paragraph.com/@durwin/)
**Published on:** 2022-10-19
**URL:** https://paragraph.com/@durwin/how-would-you-feel-if-your-320k-jpeg-got-stolen

## Content

Cameo CEO loses a Bored Ape NFT he paid $320K for, in a malicious hack.Cameo’s CEO got his Ape stolen. Its a bored looking ape resembling caesar with funky 3D squarish shades. Steve Galanis, the co-founder and CEO of Cameo, the company that allows you to pay celebrities and famous people to say a few words. It was a fun concept, to have very recognisable people read out a congratulatory note for your wedding or graduation or even make you chuckle with a joke. It really took off when the pandemic strike, as you can imagine.Cameo raises $50M to deliver personalized messages from celebrities & influencers.Cameo has raised about $165M and is worth between $1B to $10B. Its not surprising that Steve has a few exorbitantly expensive jpegs in his collection. Here is the long and short of it. Jan 2022: Steve bought Ape #9012 for $320K in Jan 2022. Aug 2022: Thief stole the Ape and sold it for $130K. Steve lost $320K. Thief gained $130K. “The exact hack mechanics aren’t clear from Galanis’ tweets. Some Twitter users suggested he’d kept a copy of his seed phrase (essentially a security key that can be used to get access to a crypto wallet) in a service that uses iCloud backups, giving the hacker access after his account was compromised. Galanis didn’t immediately reply to a Twitter direct message seeking confirmation from The Verge.”Its such a painful ordeal to go through.Seth Green Pleads for Return of Stolen Bored Ape NFT So It Can Star in His New TV Show. Having digital assets get phished, stolen, wallets attacked and ruining your entire week (or month). Yea Steve probably can afford it and $320K is probably what he spent in a weekend at Vegas. But it is a dark reality we live in today. As our digital lives and online identity becomes more important and valuable than our real life ones, there are more incentives for bad actors to attack our digital assets. Hackers are scarier by the day. Bridges are falling, phishing scams are getting so expertly concealed and direct attacks on wallets are becoming bolder.The amount of valuable NFTs stolen over the last year alone is scary and astounding.Today, the amount of money and damage a talented hacker can do with a laptop sitting at Starbucks sipping an iced chai latte with cinnamon sprinkles is simply unimaginable. How to save yourself? What if your NFTs and crypto got stolen? You cannot get it back, ever. Even the marketplaces like OpenSea and Magic Eden are limited in what they can do. What can we do about it? You can track them. See them on the blockchain. But you can never get them back. At least not legally. Perhaps it is time for a breed of white hat hackers to team up and specialise in hacking the bad hackers and recover stolen stuff. You see, the only to get back at hackers might be to become one. The future belongs to those who can understand and write code. - Is it possible to recover stolen NFTs? - #startups #business #startupx #growth #success #socialmedia #culture #web3 #strategy #hacks #stevegalanis #cameo #hacked #stolen #bayc #boredapes #eth #btc #crypto #hackers #wallets

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