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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.

Sep 12, 2024 - 07:00
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.

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