Trader’s acquisition of $1.5M CryptoPunk for $23K raises eyebrows

A trader acquires a rare Ape-themed CryptoPunk valued at $1.5M for just 10 ETH using a smart contract mechanism that allows a shotgun buyout.

Post from: Cointelegraph.com News

Tags: CryptoPunk, NFT heist, NFT buyout, smart contract, fractional NFTs, rare NFTs, CryptoPunk #2386, Niftex, Ape-themed CryptoPunk, NFT trading, Ethereum, crypto news

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