1037
submitted 1 year ago* (last edited 1 year ago) by LeanFemurs@lemmy.world to c/leopardsatemyface@lemmy.world

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.

you are viewing a single comment's thread
view the rest of the comments
[-] atretador@lemmy.world 45 points 1 year ago* (last edited 1 year ago)

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.

[-] Tugboater203@lemmy.world 15 points 1 year ago

It has to be some form of money laundering.

[-] whataboutshutup@discuss.online 8 points 1 year ago

It is, but tsss.

[-] atretador@lemmy.world 1 points 1 year ago

Shhhhhhh don't tell them

this post was submitted on 17 Aug 2023
1037 points (98.3% liked)

Leopards Ate My Face

3619 readers
566 users here now

Rules:

Also feel free to check out !leopardsatemyface@lemm.ee (also active).

Icon credit C. Brück on Wikimedia Commons.

founded 1 year ago
MODERATORS