Buyers of Bored Ape NFTs sue after digital apes turn out to be bad investment
arstechnica.com
Lawsuit: Sotheby's $24M sale to FTX gave Bored Ape NFTs "an air of legitimacy."

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.

  • Stoop_Solo@kbin.social
    2·
    1 year ago

    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!”