Well when artists are pretending to sell art for $69 million to their business partners to create hype for NFTs and lure in clueless people who will lose their money on a pump and dump virtual asset then people start to feel like it’s a scam not just “excessive spending”

I mean this artist is now the third highest paid artist alive and it seems like he just pretended to sell the art to his business partner and the money transfer may not have even happened. That’s not excessive spending if true, that’s lies and fraud