FTX bought the famous 101 Bored Apes from Sotherbys Auction
FTX emerged as the triumphant bidder in the Sotheby's auction, claiming ownership of the coveted 101 Bored Apes.
Chris.P
FTX is connected through on-chain evidence to the acquisition of 101 Bored Apes from Sotheby's for a sum of 24.4M in 2021.
These Apes were subsequently deposited into the FTXUS NFT Marketplace address and marketed by FTX.
In order to attract users, FTX listed the Apes at a discounted price compared to the Opensea floor.
Additionally, a total of 8M in $APE was transferred to Alameda.
Currently, these Apes, now belong to FTX creditors. As part of a meticulous process, they have been sensitively transferred to the Estate Multisig, along with an assortment of 7 Azukis, Beanz, and a captivating collection of various other unique and valuable NFTs.
What Is FTX Exchange?
FTX Exchange, a prominent centralized cryptocurrency exchange, held the position of the world's third-largest exchange in July 2021. It specialized in offering derivatives and leveraged products.
Sam Bankman-Fried, an MIT graduate and former trader at Jane Street Capital for international exchange-traded funds (ETFs), established FTX Exchange in 2018. The exchange boasted a diverse range of trading products, including derivatives, options, volatility products, and leveraged tokens.
In a turn of events, FTX's founder and former CEO was apprehended in the Bahamas, subsequently extradited to the U.S., and released on a $250 bond in late December. Currently awaiting trial, he faces criminal charges.
