this post was submitted on 17 Aug 2023
54 points (100.0% liked)

Technology

29 readers
2 users here now

This magazine is dedicated to discussions on the latest developments, trends, and innovations in the world of technology. Whether you are a tech enthusiast, a developer, or simply curious about the latest gadgets and software, this is the place for you. Here you can share your knowledge, ask questions, and engage in discussions on topics such as artificial intelligence, robotics, cloud computing, cybersecurity, and more. From the impact of technology on society to the ethical considerations of new technologies, this category covers a wide range of topics related to technology. Join the conversation and let's explore the ever-evolving world of technology together!

founded 2 years ago
 

Lawsuit: Sotheby's $24M sale to FTX gave Bored Ape NFTs "an air of legitimacy."

you are viewing a single comment's thread
view the rest of the comments
[–] Poggervania@kbin.social 16 points 1 year ago* (last edited 1 year ago) (1 children)

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 6 points 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.