3AC's NFTs will liquidate for $35 million, a tiny fraction of their $2.8 billion debt.
"We would like to make clear that VVD [pseudonymous NFT collector Vincent Van Dough] has cooperated with the JLs [Joint Liquidators] in an effort to protect the value of these assets for the benefit of all relevant stakeholders and has sought to ensure that no Starry Night Portfolio assets would be disposed of improperly, or without sanction of the BVI Court if required."
VVD also offered to assist with the eventual sale of 3AC NFTs and will likely oversee the assets' disposal with the firm, Teneo said.
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