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Beeple actually got paid, though, and (smartly) cashed it all out into fiat.

• sneak 5y ago
  ...and then returned it quietly to the person who had loaned it to him temporarily to elevate his brand?
  • vintermann 5y ago
    That's at least riskier to do with "fiat" (not that it would be legal with blockchain money either).
    • sneak 5y ago
      Why would it be illegal? Wash sales of NFTs aren’t illegal, as far as I understand. It could be a legitimate marketing procedure.
  • square_usual 5y ago
    Huh, I didn't know that. Geez, this is scammier than I thought, and it was already pretty scammy. E: I looked around a bit and can't find any source for this, so I guess it's just a rumor?
    • sneak 5y ago
      Hence the question mark. I imagine most high profile NFT sales are simply wash sales for the publicity.