The curious case of the collector who decided to ‘hodl’

The curious case of the collector who decided to ‘hodl’

Sometimes, it’s best to “hodl” — even if it means embarrassing one of the biggest art auction houses on earth.

Earlier this week, a historically high-priced Sotheby’s auction for 104 Crypto Punk non-fungible tokens (NFTs) was abruptly withdrawn. NFTs have become a highly lucrative asset class in their own right, powered by the soaring popularity of smart-contract digital tokens like Ethereum (ETH-USD), with the unique images seeing eye-popping sales amid booming mainstream interest.

But…


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