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The NFT collection of former U.S. President Donald Trump has sold out – and is now worth double the price it was being advertised for.
Trump released the digital trading card collection late last week, with many people mocking the former President’s major announcement.
However, according to data from OpenSea, the floor price for one of Trump’s NFTs is approximately $230, more than doubling in price.
One particular NFT of Trump standing in front of the Statue of Liberty holding a torch is currently listed as being worth $24,000.
It has also been revealed that 115 customers purchased 45 NFTs at once, which is the minimum number of tokens required that guarantees a ticket to a dinner with Trump, and 17 people purchased 100 NFTs, which the the maximum quantity allowed to mint.
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Sam Bankman-Fried not contesting extradition to U.S.
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FTX founder Sam Bankman-Fried will no longer contest extradition to the U.S., after he was remanded to Bahamian jail pending a hearing.
The former crypto billionaire will appear in court this Monday to formally waive his extradition rights, paving the way for federal authorities to secure his return to the U.S.
Extradition between the Bahamas and the U.S. is codified by a 1991 treaty which could take months to complete.
The change of heart would move up the timeline for Bankman-Fried’s federal trial significantly.
The 30-year-old was originally scheduled for his next hearing in February.
Bankman-Fried was indicted in New York federal court on charges of wire fraud, securities fraud, conspiracy to defraud the United States, and money laundering.
If sentenced, he could face the rest of his life in prison.
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The announcement was made on Trump’s platform, Truth Social.
The Trump Digital Trading Card tokens will cost $99 and can be purchased with Ether or in fiat currency.
Collectors who purchase one of these NFTs will be automatically entered into a ‘sweepstakes’ draw to receive experiences with the former President, which may include a Zoom call, dinner in Miami or a cocktail hour at Mar-a-Lago.
If a user buys 45 NFTs at once, the purchaser is then guaranteed a ticket to a Trump gala dinner. #Trump #NFT #Crypto
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The head of major crypto exchange Binance says deposits are returning, a day after it halted some stablecoin withdrawals.
Within just 24 hours, Binance saw withdrawals of $1.9 billion, the largest such outflow since June.
Binance, whose dominance of the cryptocurrency market was cemented by the fall of FTX, last week tweeted a so-called “proof-of-reserves report” by audit firm Mazars.
The report showed its holdings of Bitcoin exceeded customer deposits on a single day in November.
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