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.

  • ante@lemmy.worldEnglish
    9·
    1 year ago

    That’s a small price to pay for such a valuable insight. I know too many people who have lost tens of thousands of dollars chasing returns that will never happen.

    • Mdotaut801@lemmy.worldEnglish
      3·
      1 year ago

      Right? I’m glad I took a breath before dumping actual money into it. Lucky for me my girlfriend is smarter than I am and also gave me her opinion which was “crypto is fucking dumb.” That kind of sealed the deal. She’s usually right.