Cryptocurrencies

Diamond Sold for $12 Million in Cryptocurrency at Sotheby’s

  • 101.38-carat stone sold to unidentified buyer via Sotheby’s
  • Auction house says it’s the most expensive gem sold via crypto
The 101.38-carat diamond.Source: Sotheby’s

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A 101.38-carat diamond was sold at Sotheby’s for HK$95.1 million ($12.3 million) in cryptocurrency, becoming the most expensive piece of jewelry sold through such type of payment, the auction house said.