this post was submitted on 17 Dec 2023
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Another interpretation is that it's all an insurance scam were something worthless is "stolen by hackers" and then claimed to be worth millions for the insurance claim.
But surely nobody in the "well known as impeccably honest" NFT world would ever do something like that!
It wouldn't be the first time that somebody who should've known better gets taken in by hype.
That said, I agree it's unlikely.
"If some idiot wants to pay for it..."