Magic Eden to refund users after 25 fake NFTs sold due to exploit

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Magic Eden to refund users after 25 fake NFTs sold due to exploit
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Make it a double: In the 2nd incident for Magic Eden this week, the NFT platform was temporarily littered with imposter NFTs posing as the real deal.

The NFT platform said it has rectified the issue by temporarily disabling both tools and eliminating the “entry points” that allowed unverified NFTs to get through.

It also asked users to perform a “hard refresh” to ensure the unverified listings no longer show up on their browser session and shut down the purchase of unverified NFTs as a precaution. “Magic Eden is safe for trading and we will refund all the users who mistakenly bought unverified NFTs specifically due to this issue,” it wrote.

Earlier today, unverified NFTs were being shown as part of verified collections on ME. In the last day, impact was contained to 25 unverified NFTs sold in 4 collections.— Magic Eden

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