LiveArtX theft incident update: 197 stolen NFTs have been destroyed, no negotiations with the hacker, and the police have been notified

ChainCatcher message, NFT platform LiveArt has released an update on the theft incident. After soliciting feedback from the community, the team has decided to destroy all (197) stolen Seven Treasures NFTs to reduce the total supply. It will also compensate buyers of the stolen NFTs. LiveArt CEO Boris Pevzner stated that they have not communicated with the hacker because they do not want to negotiate; the company has filed a police report in Delaware, USA, and believes it may be able to identify the responsible party. (The Block)