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submitted 2 years ago* (last edited 2 years ago) by [email protected] to c/[email protected]

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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[-] [email protected] 20 points 2 years ago

Remember when Seth Green said he had a whole TV show ready to go based on his his Bored Ape and then someone stole it? He paid $300,000 to get it back and ever since... no TV show. I'm wondering if he's just embarrassed at this point.

[-] [email protected] 9 points 2 years ago

buy stupid NFT

pitch TV show about said NFT

get investors to pay for it

take out insurance on NFT and TV show

never bother to make TV show

just collect salary as passive income

“leak” private key a few days before “release”

collect insurance to repay investors

profit

[-] [email protected] 5 points 2 years ago

No one is going to insure an NFT

[-] [email protected] 4 points 2 years ago

I lost a ton of respect for Seth Green on that one. I hope he's embarrassed!

this post was submitted on 17 Aug 2023
1041 points (98.3% liked)

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