Banksy was warned about website flaw before NFT hack scam

Artist Banksy's team was warned his website had a security weakness seven days before a hacker scammed a fan out of $336,000 (£242,000).

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On Tuesday a piece of art was advertised on Banksy's official website as the world-renowned graffiti artist's first NFT (non-fungible token).

A British collector won the auction to buy it, before realising it was a fake.

A cyber-security expert warned Banksy that the website could be hacked, but was ignored.

With NFTs, artwork can be "tokenised" to create a digital certificate of ownership that can be bought and sold.

They do not generally give the buyer the actual artwork or its copyright.

Sam Curry, a professional ethical hacker from the US and founder of security consultancy Palisade, said he first heard that the site could have a weakness on the social network Discord, last month.