Overview
- Judge J. Paul Oetken in the Southern District of New York approved a final judgment upon consent in January 2026 resolving the case.
- The judgment affirms that Sundaresan exclusively purchased Beeple’s Everydays: The First 5000 Days, which sold at Christie’s in March 2021 for $69.3 million.
- Anand Venkateswaran is legally prohibited from suggesting he was responsible for the purchase or from adding his name or likeness to profiles tied to Portkey, Metapurse, Metakovan, Sundaresan, or Twobadour.
- Earlier this month, Venkateswaran filed a compliance report noting social‑media clarifications, outreach to third parties to amend biographies, departure from Portkey accounts, and an undisclosed payment to Sundaresan and Portkey.
- The resolution lands as the NFT sector contracts, with Nifty Gateway announcing its closure in January and major auction houses scaling back dedicated digital-art operations.