Ars TechnicaAug 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
Show threadBee O'Problem 

@arstechnica can everyone in this lose?

Sotheby's loses all the money and the nft buyers are awarded a handful of water damaged pogs, a worthless 90s era DC issue 1, a broken POP figure, a dead tulip, an unwanted rookie card and a torn beanie baby to share.

The plaintiffs lawyers get the cash.

Aug 17, 2023 at 8:02pmWeb