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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.
A lot of those transactions is just to up the price so dumb asses think they are worth it. The other half is just dumb asses ofc.
It has to be some form of money laundering.
It is, but tsss.
Shhhhhhh don’t tell them