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