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March 18, 2022 05:23 pm GMT

Gentleman who paid $537,084 for a Pepe the Frog NFT files lawsuit after creator releases 46 identical NFTs for free

Halston Thayer thought he'd made a wise investment when he paid over a half-million dollars for an absolutely magnificent illustration of a nude Pepe the Frog bathing in a pond. After all, a one-of-a-kind Pepe NFT had recently sold at Sotheby's for $3.6 million

Pepe's creator Matt Furie, who issued the bathing Pepe NFT, implied in his advertisement for the sale that the NFT would be the only one sold through Furie's PegzDAO: "500 cards issued, 400burned, 99 will remain in the PegzDAO, and ONE is being auctioned here." — Read the rest


Original Link: https://boingboing.net/2022/03/18/gentleman-who-paid-537084-for-a-pepe-the-frog-nft-files-lawsuit-after-creator-releases-46-identical-nfts-for-free.ht

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