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

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    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
Cover image via u.today

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 is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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