A collection of NFTs seized from 3AC that's being auctioned by Sotheby's includes high-value CryptoPunks, a Fidenza and the Golden Goose.
Listed NFTs in the"Grails" collection include the zombie-styled CryptoPunk #6649, Ringers #879 by Dmitri Cherniak, and Fidenza #216 by Tyler Hobbs.
"This expansive collection marks an important moment in the rise of generative art on the blockchain in 2021, and was guided by an ethos of acquiring the highest quality and rarest works available on the market," Michael Bouhanna,The collection's history is notorious, given its previous owner's dramatic rise and fall. It was seized as part of a long-running process that began after the hedge fund, once a top investor in the crypto market, filed for bankruptcy last July.
During its peak, 3AC spent lavishly on NFTs. The firm spent 1,800 ETH — worth about $5.6 million at the time of sale — on Ringers #879, known popularly as The Golden Goose.
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