CryptoPunk NFT sold for over $500 million in suspicious sale

In what would rank as one of the most expensive sales in the history of NFTs, a CryptoPunk NFT has just been sold for over $500 million, though analysts have begun to raise questions about the legitimacy of the sale.

According to the CryptoPunk sales feed, the said NFT CryptoPunk #9998 was sold for $532 million, which means it is the most expensive sale in the history of Cryptopunks.

While this is supposed to be celebrated, the crypto community has met the unusual transaction with doubt, speculating that there could be a kind of manipulation in the sale.

Read more at Cryptoslate