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The NFT market has crashed, but NFT thefts are rising

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The rise in NFT scams and outright theft has taken people by surprise, especially after NFTs lost so much value

But here’s the weird thing: that’s when people started stealing them. In the span of a year, one report pegs the total theft at US $100 million.out of the NFTs they paid so much for. And don’t worry, we’ll explain what an NFT is, too.

 

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