Sotheby's will auction off more non-fungible tokens (NFTs) seized from bankrupt crypto hedge fund Three Arrows Capital (3AC), including high-value NFTs like Dmitri Cherniak's Ringers #879. The sale will feature 37 works from generative artists and will mark the largest-ever live auction of digital art. Highlights include Cherniak’s Ringers #879, purchased by 3AC co-founders Su Zhu and Kyle Davies in August 2021 for about $5.8 million, and Hobbs’ Fidenza #216, last sold for about $1 million in 2021. The upcoming auction follows a successful first NFT sale earlier this month, which brought in over $2.4 million.
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Sotheby's to Auction Rare NFTs Seized from Bankrupt Crypto Hedge Fund Three Arrows Capital
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