Buyers of Bored Ape NFTs sue after digital apes turn out to be bad investment

Lawsuit filed against Sotheby's for allegedly deceiving investors in the sale of Bored Ape NFTs.

Key points:

1. Sotheby's auction house is facing a lawsuit from investors who regret buying Bored Ape NFTs at inflated prices.
2. The lawsuit claims that Sotheby's misled investors by giving the NFTs an air of legitimacy and generating hype around the Bored Ape brand.
3. The undisclosed buyer of the NFTs was FTX, which was not revealed at the time of the auction, creating a false impression of mainstream interest in Bored Ape NFTs.