Will a TV show be canceled because of a crypto robbery?

by time news

Watching TV (vecteezy photography)

“White Horse Tavern”, or loosely translated “White Horse Tavern”, is a new TV show that actor and producer Seth Green has been working on for the past few months. It’s not clear which channel or streaming service it was intended for, and when it was supposed to air – but what’s certain is that the show is currently on hold, after Green’s crypto wallet was robbed earlier this month.

The program is a combination of photography and animation, with most of the characters being real actors, but the main characters being NFT characters – meaning unique crypto-based artwork. All of these characters were characters that Green purchased with his own money, with the main character being a monkey from the “Bored Ape Yacht Club” collection – the most popular and expensive NFT collection in the world.

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But that monkey, along with three other NFT figures Green acquired last year, were stolen from him earlier this month. On May 8, he fell into the trap of a phishing attack, which sent him to a fake website that impersonated one of the NFT asset trading sites. After typing in his identification, the attacker took over his wallet and stole four pieces from him – the bored monkey, along with two figures from a parallel collection called “Mutant Ape Yacht Club” and one figure from the collection of the generic name “Scribbles” “(” doodles “).

The thief soon sold the bored monkey for about $ 270,000, as well as one of the mutant monkeys, which sold for several tens of thousands of dollars.

Green, for his part, tried several times to contact the thief, and then the buyer, to try to reach a settlement with them, but apparently has not received an answer so far. On Saturday, he presented the first trailer for the series at the VeeCon crypto conference of crypto investor Gary Weinerchuk, held in Minneapolis, and said it was a series designed to convey the message that “no matter what you look like – only your attitude changes.”

“I bought this monkey in July 2021, and spent the last few months developing and utilizing the intellectual property to make it the star of the show,” he told Weinerchuk. “Then, a few days before – his name is Fred, by the way – a few days before he’s supposed to show up for the first time, he’s actually been kidnapped.”

This week an affair was reported by Bazafid, who noted that the “kidnapping” prevented Green from publishing the series – since according to the laws of the NFT world, whoever owns the property holds his commercial exploitation rights. In other words: if Green broadcasts the series, he may be sued for infringing on the copyright of the thief or buyer.

Green claimed in a Twitter response that there is no legal problem in broadcasting the series, as “a buyer who has purchased stolen art for real money and refuses to return it is not allowed to take advantage of the intellectual property on which it is based. It will go to court, but I prefer to compromise with it A lot in common. “

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