Should you invest in bored ape NFTS?

No, just no! If you are an investor, and you have your lawyers write something like "...Sotheby's auction duped investors by giving the Bored Ape NFTs "an air of legitimacy... to generate investors' interest and hype around the Bored Ape brand," then you MUST be an absolute moron who has no business investing in anything.

Are bored ape NFTS a scam?

Lawsuit: Sotheby's $24M sale to FTX gave Bored Ape NFTs "an air of legitimacy." See full article... … … While NFTs are a huge scam in general, this reasoning seems silly to me...if they saw it as an investment, then it has associated risk and may lose value.

Why are bored ape NFTS back in the news?

Bored Ape NFTs. These tiny little creatures have popped back into the news cycle because, in a shocking turn of events, the guys who bought the NFTs are not happy with their purchases. A group of investors are suing a whole lot of people over an auction and promotion of the Bored Ape Yacht Club NFTs after the prices dropped, CNN reported.