Leopards Ate My Face

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Purchasers of worthless digital monkeys sue worthless digital monkey auction house after realizing that worthless digital monkeys are worthless (arstechnica.com)

submitted 1 year ago* (last edited 1 year ago) by LeanFemurs@lemmy.world to c/leopardsatemyface@lemmy.world

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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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[–] TurtleJoe@lemmy.world 4 points 1 year ago

Presumably they're still useful for money laundering. Makes sense to keep some kind of price floor.