Buyers of Bored Ape NFTs sue after digital apes turn out to be bad investment
arstechnica.com
Lawsuit: Sotheby's $24M sale to FTX gave Bored Ape NFTs "an air of legitimacy."

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.

  • @[email protected]English
    63•1 year ago

    I wish I had the temerity to sue people when an ‘investment’ doesn’t go my way.

    I’m sure they’d have sued Sotheby’s if they made lots of profit right?

      • @[email protected]English
        12•1 year ago

        I don’t think it would have mattered had they known. FTX was still in their good graces at the time, and FTX didn’t actually scam anyone (in this particular transaction lmao).