this post was submitted on 17 Aug 2023
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Leopards Ate My Face

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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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[–] flucksy_bango@lemmy.world 7 points 1 year ago

Yup!

My vinyl collection is "worth" $50k. I just have to find someone deluded enough to believe me and buy it.

In reality it's worth ~$1k because they're old and play music instead of being ugly pictures of monkeys.