The marketplace's rule for freezing items reported as stolen: from August 2022, a report had to be backed by a police report within seven days or the freeze would be lifted. Introduced after a year of complaints from both sides — victims who wanted items frozen, buyers who found themselves holding a picture they could not sell — and the record's example of a marketplace being asked to be a court.
A frozen NFT is one the marketplace will not display or sell; the token itself still moves on-chain. The record notes that the policy was about a website, not a ledger, and that most users did not know the difference.
The August 2022 policy thread, posted by OpenSea with the phrase 'police report', and a week of replies from people who had never expected to explain a JPEG to a police officer.
A friend bought an ape that turned out to be flagged. He could not sell it anywhere that mattered. He still has it. He calls it 'the evidence'. The record considers that the correct name.
What does it mean? Write it the way you would say it out loud.
