Mastodawn

Ars Technica Aug 17, 2023

Buyers of Bored Ape NFTs sue after digital apes turn out to be bad investment

Lawsuit: Sotheby's $24M sale to FTX gave Bored Ape NFTs "an air of legitimacy."

https://arstechnica.com/tech-policy/2023/08/buyers-of-bored-ape-nfts-sue-after-digital-apes-turn-out-to-be-bad-investment/?utm_brand=arstechnica&utm_social-type=owned&utm_source=mastodon&utm_medium=social

Buyers of Bored Ape NFTs sue after digital apes turn out to be bad investment

Lawsuit: Sotheby's $24M sale to FTX gave Bored Ape NFTs "an air of legitimacy."

Ars Technica

@arstechnica to be honest, this just looks like a normal art world scam.

A third party, close to the artist, pays way over the odds to set a price floor.

This is the digi version. #NothingNewUnderTheSun