Purchasers of worthless digital monkeys sue worthless digital monkey auction house after realizing that digital monkeys are worthless
Purchasers of worthless digital monkeys sue worthless digital monkey auction house after realizing that digital monkeys are worthless
arstechnica.com 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."
![Buyers of Bored Ape NFTs sue after digital apes turn out to be bad investment](https://lemmy.blahaj.zone/pictrs/image/a76238b4-2d13-49cb-b519-422dc2298864.jpeg?format=webp&thumbnail=256)
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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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!"
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