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Coverage dated November 15, 2021 to November 18, 2021

The Crypto Investors Who Raised $47 Million to Buy a Copy of the Constitution Lost Their Bid — Here's Where the Money Goes Now

Headline from NBC10 Philadelphia, on the newest of 2 developments

In theory, next steps will be determined by the ConstitutionDAO — the “decentralized autonomous organization” that facilitated the fundraise.

NBC10 Philadelphia's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Developments in this update

2 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.

  1. Crypto Investors Are Raising Millions to Buy a Copy of the Constitution at a Sotheby's Auction

    Headline from NBC 5 Dallas-Fort Worth ·

  2. Newest

    The Crypto Investors Who Raised $47 Million to Buy a Copy of the Constitution Lost Their Bid — Here's Where the Money Goes Now

    Headline from NBC10 Philadelphia ·

Read the reports

Reports & sources

12 articles, oldest first.

  1. NBC 5 Dallas-Fort Worth

    Crypto Investors Are Raising Millions to Buy a Copy of the Constitution at a Sotheby's Auction (opens NBC 5 Dallas-Fort Worth)

    Published

    NBC 5 Dallas-Fort Worth's feed description

    An organization known as ConstitutionDAO is raising the money using a digital crypto wallet with the aim of crowdsourcing enough funds to make the winning bid.

  2. New York Times

    Cryptocurrency group loses bid for copy of U.S. Constitution. (opens New York Times)

    Published

    New York Times's feed description

    ConstitutionDAO, a “decentralized autonomous organization,” had raised more than $40 million to bid for the artifact.

  3. NBC10 Philadelphia

    The Crypto Investors Who Raised $47 Million to Buy a Copy of the Constitution Lost Their Bid — Here's Where the Money Goes Now (opens NBC10 Philadelphia)

    Published

    NBC10 Philadelphia's feed description

    In theory, next steps will be determined by the ConstitutionDAO — the “decentralized autonomous organization” that facilitated the fundraise.

  4. Forbes

    Crypto Investors Lose Out In $43.2 Million Sale Of Rare Copy Of U.S. Constitution (opens Forbes)

    Published

    Forbes's feed description

    An online collective called Constitution DAO hoped their victory would be the latest example of crypto overturning traditional centers of power.

  5. Insider

    A group of crypto investors who raised more than $40 million to buy a rare copy of the US Constitution ended up losing the auction (opens Insider)

    Published

    Insider's feed description

    An anonymous bidder emerged victorious in the Sotheby's auction, putting up $43.2 million for a first printing of the Constitution.

  6. Al Jazeera

    We the people: Crypto crowdfund gets outbid on Constitution copy (opens Al Jazeera)

    Published

    Al Jazeera's feed description

    More than 17,000 crypto contributors with a median donation of $206 lost a bid to a private buyer who paid $43.2m.

  7. Quartz

    Crypto investors failed to buy the US Constitution at Sotheby's (opens Quartz)

    Published

    Quartz's feed description

    Despite raising more than $40 million, the DAO could not pull of the purchase at auction

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

The Crypto Investors Who Raised $47 Million to Buy a Copy of the Constitution Lost Their Bid — Here's Where the Money Goes Now | Since Then