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.”…

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.

  • kimpilled@infosec.pubEnglish
    131·
    1 year ago

    I don’t think it would have mattered had they known. FTX was still in their good graces at the time, and FTX didn’t actually scam anyone (in this particular transaction lmao).