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submitted 2 years ago* (last edited 2 years 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.

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[-] atretador@lemmy.world 45 points 2 years ago* (last edited 2 years 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 16 points 2 years ago

It has to be some form of money laundering.

[-] whataboutshutup@discuss.online 9 points 2 years ago

It is, but tsss.

[-] atretador@lemmy.world 1 points 2 years ago

Shhhhhhh don't tell them

this post was submitted on 17 Aug 2023
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