CryptoKitty Goes Away For 600 ETH, Community Suspects Money Laundering Activities

  • Yuri Molchan
    📰 News

    The CryptoKitty in question is named Dragon. User, whose identity anonymous, bought it for 600 ETH ($172,000). Since this cat is pretty much valuable (a Gen zero cat)


CryptoKitty Goes Away For 600 ETH, Community Suspects Money Laundering Activities

The CryptoKitty in question is named Dragon. On Tuesday a user, whose identity remains anonymous, bought it for 600 ETH ($172,000).

Since this cat is pretty much valuable (a Gen zero cat), it remains unclear whether the purchase was accidental or it was a case of money laundering. Some of the crypto community shared the latter thought on Twitter, since on average these CryptoKitties cost about $60.

Last time a high amount was paid for a CryptoKitty was December last year. Back then it was sold for $110,000.

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About the author

Yuri has worked in crypto since 2017. A translator, quickly became a crypto enthusiast. He has worked for several Telegram channels covering cryptocurrencies. Currently is a news writer, covering crypto and blockchain-related topics.

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