- cross-posted to:
- technology@beehaw.org
- technology@lemmy.ml
- technology@lemmy.world
- cross-posted to:
- technology@beehaw.org
- technology@lemmy.ml
- technology@lemmy.world
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.
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?
There was the bit about Sotheby’s misrepresenting FTX as a buyer, but that doesn’t make me any more sympathetic to their situation. Which, now that I’ve typed that, is extremely cynical when I like to think of myself as empathetic. I’m gonna try to change my take here. I like @db2’s take that the money should be invested in public education.
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).