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CryptoPunk NFT Sells For Record $11.7M In Sotheby’s Auction

CryptoPunk NFT Sells For Record $11.7M In Sotheby’s Auction – Law360

Law360 (June 10, 2021, 7:39 PM EDT) — A non-fungible token of digital artwork called a “CryptoPunk” sold for $11.7 million at auction, a record price for a piece from the CryptoPunk collection, art house Sotheby’s said Thursday. The piece, dubbed “CryptoPunk 7523,” was bought by Shalom Meckenzie, the largest shareholder of fantasy sports and betting company DraftKings, Sotheby’s said.