LiveArtX's treasury wallet was compromised on October 16-17, 2022, resulting in the theft of 197 NFTs from the Seven Treasures collection. The attacker exploited poor key management—the private key was shared among multiple team members with no multi-sig protection—to transfer the NFTs to their own address and sell them at depressed prices.

The official wallet of NFT platform LiveArtX was stolen, and several reserved NFTs were sold. According to MistTrack analysis, the LiveArtX attacker (0x5f78...A920) has transferred 7.3 ETH and 22.39 WETH to Bitkeep, then exchanged it for USDT and transferred it to a new address (0x871e...A575).