Someone Sold a Bored Ape NFT For 200 USDC

Some mistakes in blockchain transactions can be irreversible, and could lead to a loss of fortune. These mistakes are unfortunately made every so often by crypto investors.

BAYC Holder Sells Ape #6462 at $200

Sunday Boredapebot a Twitter handle that sells Apes from Bored Ape Yacht Club’s (BAYC) collection revealed that Ape #6462 had been sold for 200 USDC ($200).

BAYC, which is valued at 101.75ETH ($206,000), is one of most sought-after NFT collections. Ape #6462 may have made another costly sale due to its rarest attributes (bone necklace, police motorcycle helmet, bored pizza).

If that’s the case, then it would mean the owner thought he was accepting an offer for 200 ETH instead of 200 USDC. The former owner also sold the Ape 99.9% lower than the floor price.

Do you think tax evasion is possible?

A few crypto users sympathized a little with the seller but many people strongly believe it was a tax avoidance scheme considering the circumstances.

OpenSea transaction history shows that NFT has been purchased a few times for less than 2 Ethereum ($7,000) around a year ago. It also shows Ape #6462 having been transferred at most five times between different wallets ever since it was created.

Additionally, the buyer’s account on OpenSea was created this month, and the offer was accepted a few minutes after being received.

While one user suggested that it could be a really wealthy NFT holder who “sold their nephew one of their board apes for 200 USD,” another suggested said it was an insider job.

This isn’t the first time that a BAYC owner has sold an Ape for less than its value, regardless of the reason. Ape #3457’s owner made a costly error last December when he sold the NFT for $3,000 rather than $300,000.

 

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