this post was submitted on 17 Aug 2023
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cross-posted from: https://lemmy.world/post/3351001

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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[โ€“] [email protected] 3 points 1 year ago (1 children)

What madness allowed anyone to look at any of these things and be all "oh, I should definitely pay many thousands of dollars for this!"

[โ€“] books 4 points 1 year ago

Money laundering.