Cybercriminals have stolen over $100 million in NFTs

Over $100 million in NFTs have been stolen in the last year, according to a new report by blockchain analysis firm Elliptic. The report was released on Wednesday.

Elliptic says cybercriminals netted an average of $300,000 per scam. Its report notes that $24 million in NFTs were stolen through scams in May 2022 alone, with July 2022 being the highest month on record for the number of NFTs stolen at 4,600.