NFT Platform OpenSea Said: “We Are Disappointed”

NFT platform OpenSea said, "We are disappointed", acknowledging claims of insecurity.

While the world of NFT, which has been sold in large quantities and has been very trendy recently, was shaken by the claims of "insider trade", that is, "insider trading", that is, "insider trading", the company OpenSea, to which the allegations were directed, made the expected statement. The giant NFT platform reported that they accepted the "insider trading" claims. In the statement made by the platform, it was accepted that a company employee (*product manager Nate Chastain) made an NFT product purchase for himself with inside information, and the following was noted: "Yesterday, we found out that one of our employees bought these products early after seeing the page where NFT products were dropped before they were fully opened to our users. This is an extremely disappointing situation for us. We would like to point out that this incident is in no way compatible with the values ​​of the company and the team. We take this situation seriously. and we are starting an investigation into the incident to take the necessary steps." Twitter user Zuwu stated that after Chastain learned which NFTs would be released on the platform, he bought those NFTs and then profited and sold after listing. What was written was: "Hi, OpenSea, why does it look like your product manager, Nate Chastain, has secret wallets to buy NFTs before they're listed and sell right after?"

Screenshots Were Shared

While the allegations in question fell like a bomb on the Twitter agenda, Chastain did not give any response to the allegations. The user who made the claim shared the screenshots and addresses that Chastain took from the products of that artist after OpenSea's tweets. The fact that similar movements were constantly made between addresses and that the timings were exactly the same proved the allegations, and when the company accepted this, the situation was fully clarified. Under the tweets containing the allegations, some users said, "If I were in that position, I would also profit with the information I received before.", some say, "OpenSea will soon launch a campaign for its users and everything that happened will be forgotten."