Archive - Surfing the Waves

Sotheby's Disputes Our Report About FTX and the Bored Ape Yacht Club Auction?

Revenge of the Traditional Collector? Sotheby's claims that "FTX was not the winning bidder" of their 101 Bored Ape auction. Wave takes a closer look at…

Oct 24, 2023 •

June 2023

Adidas pauses Fewocious collaboration amid sexual assault allegations

The Adidas Originals x FEWOCiOUS NFT/sneaker collection "has been put on hold for the time being" following sexual assault and abuse allegations towards…

Jun 21, 2023 •

May 2023

Who Run It: A Brief History of LedgerX, FTX, and MIAX

MIAX acquired LedgerX through FTX's bankruptcy proceedings. Years earlier, a director of LedgerX accused MIAX of "grossly negligent actions." Mark…

May 12, 2023 •

The Traditional Collector

$24 million. Sotheby's. Farokh. FTX. The traditional art community. Gold, glistening Bored Apes. The gold level of art. Yacht Club to the moon. The…

May 2, 2023 •

April 2023

Wave's Theory: A Visual Guide to the Underbelly of FTX, Yuga Labs, and the CFTC

Scraping the tip of the iceberg with a visual take on the complex network of overlapping relationships between cryptocurrency companies, U.S…

Apr 20, 2023 •

The Confederate Koda: Interview With Bored Ape Founder Wylie Aronow (Full Audio Segment, FAQ, and Transcript)

Yuga Labs embedded an honorary allusion to a controversial Confederate General in their metaverse project. I'm releasing the full audio segment from my…

Apr 13, 2023 •

March 2023

Double Dip: The Ryne Miller Story

Sullivan & Cromwell, the law firm leading the FTX case, has a storm brewing over its myriad conflicts of interest. Where is the independent examiner for…

Mar 17, 2023 •

The Crestbridge Connection: FTX, the CFTC, LedgerPrime, LedgerX, and ApeCoin DAO

LedgerX is scheduled for final auction today. Its parent company has a strange connection to ApeCoin DAO. What are the implications of the LedgerX sale…

Mar 7, 2023 •

February 2023

Is Yuga Labs Threatening Legal Action Against Their Own Bored Apes?

Joey Colombo has been with the Bored Ape Yacht Club from the start. Why is Yuga Labs claiming that his artwork violates their intellectual property…

Feb 22, 2023 •

SCOOP: The Secret ApeCoin Loans

ApeCoin DAO gave Alameda Research and Wintermute loans worth tens of millions. The DAO also sent more ApeCoin to Wintermute afterwards. Why were these…

Feb 9, 2023 •

January 2023

FTX Bought 101 Bored Apes at the Record-Breaking Sotheby's Auction. Securities Fraud Alert?

What does FTX’s big bet on the Bored Ape Yacht Club expose about the realities of Yuga Labs and the NFT market?

Jan 12, 2023 •

December 2022

The Sexual Assault and Abuse Allegations Against Justin Roiland

Justin Roiland — creator of Rick and Morty, High on Life, and Art Gobblers — faces multiple accusations of sexual assault, abuse, and grooming. Were the…

Dec 21, 2022 •

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