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Crypto outfit loses out on rare US constitution copy

A cryptocurrency group has lost out in the bid to buy a rare copy of the US constitution at an auction. The group, ConstitutionDAO, had said it planned "to put the constitution in the hands of the people". The group had amassed over $40m worth of donations through crowd-funding.

Crypto outfit loses out on rare US constitution copy
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But the document finally got picked up by another buyer, billionaire investor Kenneth Griffin for $43.2 million (£32m) at Sotheby's.

The auction house said it was a record price for a historical document. The hammer came down after an eight-minute bidding battle on the telephones and set a world auction record for any book, manuscript, historical document or printed text, Sotheby's said.

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