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Trader mistakenly sells NFT for $4000 instead of $400,000

Denitsa Tsekova

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A fat-finger error led an online trader to sell his non-fungible token for one hundredth of its $US300,000 ($422,325) actual price, according to CNET.

A trader named Max, with the user name maxnaut, listed his NFT – part of a limited The Bored Ape Yacht Club collection of 10,000 pieces – for 0.75 ether (about $US3000), instead of 75 ether, CNET reported. It was automatically snapped up before he could correct the mistake.

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    Original URL: https://www.afr.com/wealth/investing/trader-mistakenly-sells-nft-for-us3000-instead-of-us300-000-20211215-p59hn2