News for hackers. Stuff that matters.

A comment on This was just bought for $23,702,160.16 USD. Parent comment

Re:This was just bought for $23,702,160.16 USD by alar44 on Sunday February 13, 2022 @05:05PM (#30326121)
Someone wants to buy $27 mil in cocaine.

Rather than use cash, they used art.

That's really it.

[ Parent | on HN ]
Re:This was just bought for $23,702,160.16 USD by pengaru on Sunday February 13, 2022 @05:45PM (#30326375)
That's a kind of unnecessary contortionist perspective don't you think? vs:

Someone is selling $27M in cocaine, but wants to pay taxes on and spend the $27M as legitimate money.

Rather than record a cocaine sale, they sell an NFT for $27M of crypto to a cooperative buyer, and the cocaine is delivered but never existed.

[ Parent | on HN ]