Crypto News
| Published On Feb 24, 2022 1:53 am CET  |  Updated on Apr 11, 2024 11:27 am CEST | By Peter Siu

Sothebys Abruptly Cancels Auction of 104 CryptoPunks

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On Wednesday, auction house Sothebys abruptly withdrew a collection of 104 CryptoPunks that was expected to bring in as much as $30 million in a much-anticipated auction just minutes before start of bidding.

Sotheby said that the seller decided to withdraw the lot but did not disclose the reasons why the NFT series was canceled.

The collection that was supposed be sold as a single lot titled “Punk It!,” was acquired in July 2021 in a single blockchain transaction by anonymous collector “0x650d”.

Peter Siu

Peter is a former poker-pro, turned crypto enthusiast with 8+ years’ experience in operational roles dealing with all online gaming verticals within large iGaming companies, including Flutter and Entain. Now an expert in the field of Sports Betting, Casino, iGaming, and Poker, he is our team leader and editor. When not working, Peter can be found in the gym or playing sports like football, tennis and more recently padel.

Tags: NFT