Binance has stolen Cryptopunks artworks which were created on Ethereum, and are now selling these stolen copies on Binance chain. This is blatant theft of artwork.

Cryptopunks are a series of rare NFTs created by Larvalabs on the Ethereum network, and due to the rare nature they are selling at a great premium to their initial cost.Now Binance has stolen not only the idea, but the whole set of original artworks created on Ethereum by Larvalabs and are selling these on BSC binance smart chain at a fraction of their cost. These are nothing more than FAKES.This has forced Larvalabs to issue a warning:Warning: There is a project called "Binance Punks" that has taken the art from CryptoPunks and is selling it as a copy on another chain. This is in no way an authorized project.I understand the need for low txn costs on BSC, but this is not about low transaction costs. This is straight up fraud and theft of intellectual property.I can understand if the idea is stolen (which is still shady but with open source software and credits given its acceptable) but stealing artwork made by someone else and running this on your chain is a terrible practice.

Submitted February 24, 2021 at 11:22AM