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

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)

Thu, 6/09/2018 - 12:49

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

Cover image via U.Today

Read U.TODAY on

Google News

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.

About the author

Yuri Molchan

Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets. His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.