Someone just paid $1.4 million for a golden BAYC NFT

Someone just paid $1.4 million for a golden BAYC NFT

“I had 20M worth of assets buried in FTX. SBF [Sam Bankman-fried] took some from me. Now, I am taking something that was his. Simple and fair.”

FreeLunchCapital, the pseudonymous founder of Floor Protocol, paid $1.43 million worth of 588 ETH for a Non-Fungible Token (NFT). The NFT is linked to a golden Bored Ape Yacht Club (BAYC) previously belonging to the bankrupt FTX’s vault.

In particular, the sale occurred on October 11 for the BAYC #7940, which has golden skin as its primary trait. Another pseudonymous member of the Bored Ape Yacht Club, Xeer, said on X it “Might be the cleanest, most aesthetic gold ape in the entire collection.”

A BAYC NFT purchase revenge story against FTX and SBF

This purchase has made waves in the cryptocurrency market, and the new owner of the BAYC #7940 explained his reasons. In a post on October 12, FLC_FlooringLab told a brief revenge story against the bankrupt FTX.

“I had 20M worth of assets buried in FTX. SBF [Sam Bankman-fried] took some from me. Now, I am taking something that was his. Simple and fair.”

The post also linked an announcement from Erick, co-founder of The OTC Network, listing and offering a series of rare NFTs from the FTX vault.

Interestingly, it all happened a few days after FTX got legal clearance to repay billions of customers, as Reuters reported on October 8. The repayments total up to $16.5 billion in recovered assets that will be sent in the following 60 days.

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