Menu

📰
0

Court Decision Ends Dispute Over Who Actually Bought Beeple’s Everydays: The First 5000 Days for $69.3 M.

ARTnews.com·@HarrisonJacobs·2 months ago
#26h92x
Reading 0:00
15s threshold

When Beeple’s *Everydays: The First 5000 Days* sold for a record $69.3 million at Christie’s in 2021, the winning buyer was quick to reveal itself: a Singapore-based crypto fund called Metapurse, which was founded by a man going by the pseudonym Metakovan, ostensibly with the help of another person who went by the pseudonym Twobadour. By 2022, Metakovan and Twobadour (real names: Vignesh Sundaresan and Anand Venkateswaran, respectively) had split up. A year later, Sundaresan and his company, Portkey Technologies, sued Venkateswaran for trademark infringement, injury to business reputation, and dilution, related to the latter’s claims of being involved in the purchase of *Everydays*. Sundaresan claimed that Venkateswaran had nothing to do with the purchase, and had been only an independent contractor at Metapurse at the time. That dispute came to a conclusion this past January, when J.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More