c/Buttcoin · by skillissuer@discuss.tchncs.de · 3y

Purchasers of worthless digital monkeys sue worthless digital monkey auction house after realizing that digital monkeys are worthless

https://arstechnica.com/tech-policy/2023/08/buyers-of-bored-ape-nfts-sue-after-digital-apes-turn-out-to-be-bad-investment/

cross-posted from: https://lemmy.world/post/3351001

The Sotheby's auction house has been named as a defendant in a lawsuit filed by investors who regret buying Bored Ape Yacht Club NFTs that sold for highly inflated prices during the NFT craze in 2021.

7 points · 2 comments · view on lemmy.world

2 Comments

Stoop_Solo@kbin.social · 3 pts · 3y (1 reply)

What madness allowed anyone to look at any of these things and be all "oh, I should definitely pay many thousands of dollars for this!"

books@lemmy.world · 4 pts · 3y

Money laundering.