Lawsuit: Sotheby’s $24M sale to FTX gave Bored Ape NFTs “an air of legitimacy.”

  • Poggervania@kbin.social
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    1 year ago

    It’s hella malicious, but I sincerely hope this lawsuit gets tossed or these people lose if it goes through.

    Those people played the bag holding lottery and lost hard. They were not scammed because they chose to listen to all the shills instead of doing their DD on a financial decision that they knew next to nothing about. If they did, then they would know NFT art and crypto is pretty much all hype with no intrinsic or physical value to actually back those things.

    • Juno@beehaw.org
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      1 year ago

      Look up the actual history of Selling Bridges in New York and other places. People spent often their life savings on such financial gambles.