Leopards Ate My Face

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Purchasers of worthless digital monkeys sue worthless digital monkey auction house after realizing that worthless digital monkeys are worthless (arstechnica.com)

submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]

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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.

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[–] [email protected] 101 points 1 year ago (6 children)

The fact that they still sell for 50k is insane. It's a shitty picture with a convoluted proof of ownership. The fuck.

[–] [email protected] 45 points 1 year ago* (last edited 1 year ago) (3 children)

A lot of those transactions is just to up the price so dumb asses think they are worth it. The other half is just dumb asses ofc.

[–] [email protected] 15 points 1 year ago (2 children)

It has to be some form of money laundering.

[–] [email protected] 1 points 1 year ago

Shhhhhhh don't tell them

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