Raised by a bankrupt cryptocurrency hedge fund 3AC the NFT collection will be put up for sale. About it announced liquidator of the structure, consulting firm Teneo.
The company said that trading on assets will begin within 28 days after the publication of the notice, but, in any case, after March 23, 2023.
The decision to sell does not apply to NFT gallery Starry Night Capital. This portfolio of tokens was collected on behalf of 3AC by a collector under the pseudonym Vincent Van Dough. In November 2022, the latter was forced to transfer over 300 NFTs to Teneo, recalled The Block.
The liquidator clarified that their fate is still being considered by the court in the Virgin Islands.
The collection that Teneo will put up for sale is valued by the Zerion platform at about $6.4 million at base prices.
In August 2021, only for NFT Ringer #879 from Dmitry Chernyak hedge fund paid 1800 ETH — more than $5.6 million at the time.
The creator of the token has confirmed that the digital work called “Goose” is on the list of assets to be sold by the liquidator.
The Goose is being liquidated https://t.co/aYPfpgFq7v
— Dmitri Cherniak (@dmitricherniak) February 23, 2023
According to Zerion, Goose’s base price is currently 32 ETH (~$53,277). It also corresponds to the best current offer from buyers on opensea.
NFT Autoglyph #218 cost the company 255 ETH in 2021 (~$627,300 at the time of purchase). Maximum current supply for an asset is 10 ETH or $16,604.
Recall that in June 2022, the court of the Virgin Islands decided to liquidate 3AC. In July, the company filed for bankruptcy protection in the US.
The insolvent hedge fund’s total debt was $3.5 billion, according to court documents.
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