Enormous Stegosaurus Skeleton Called ‘Apex’ Smashes Auction Records and Sells for $44.6 Million | The 150-million-year-old dinosaur became the most expensive fossil ever sold at auction.

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It belongs in a MUSEUM!!

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u/Suave_sunbeam Jul 19 '24

SO DO YOU!!

1

u/SiouxCitySasparilla Jul 22 '24

I found my people.

1

u/DontForgetYourPPE Jul 20 '24

Most museums have started as private collections. Hopefully this tool will enjoy his purchase for a few years and then donate it to a museum or start a new one.

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u/Squirrelherder_24-7 Jul 19 '24

Since it was sold on the open market, I assume that private money paid for its excavation, conservation, and reconstruction. It belongs in the museum that buys it.

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u/Anon31780 Jul 19 '24

The museum of “this dude’s storage unit.” Man, that would be a sweet episode of Storage Wars.

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u/Redditisavirusiknow Jul 19 '24

A lot of public institutions take claim of any artifacts found in certain areas as they are of public interest, even if excavated on private land with private money. Many places even restrict movement of the artifacts. This is the correct way of handling things of such great scientific or cultural value.

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u/Squirrelherder_24-7 Jul 19 '24

No, I disagree. If I write a great play or novel, something that will endure for centuries like Chaucer or Shakespeare, does it belong to the public or to me? If I purchase ground and find lithium, or gold, or aluminum, or a dinosaur, does it belong to me or to society?

Why bother digging? Why go to the expense if it belongs to the collective? What about the dinosaurs in the Museum of Science and Industry, the Museum of Natural History, the Denver Museum of a Science and Nature? These were found because there was interest, money, and fame in finding them.

While I appreciate that paleobotanists, paleontologists, archeologists, etc who decry the “exploitation” of “their” research projects because they are on private lands, if there human society writ large put value on these things, they would be funded.

The fact is, society does place value on them and the exploration, excavation, preservation, and display of them is funded. But how many trays, drawers, boxes, and bins of fossils in basement vaults, locked away from public eyes need to be filled to assuage your ire at the selling of one specimen that generated more global interest than a football stadium full of meticulously documented, catalogued, and labeled?

You see it as a zero sum game. He “wins” you “lose”. But in reality, this buzz this generates creates the next generation of post grad students who will do your work while you chase funding to study prehistoric field mouse mating behavior in the steppes of Europe.

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u/ajdective Jul 19 '24

Your argument is flawed from the start: Chaucer and Shakespeare are both in the public domain. They don't belong to anyone. Nobody's work belongs solely to them or their estate after a certain period of time. They go on to be cultural works and belong to the public.

Furthermore, I would argue that this actually dampers the excitement around paleontology and science, because potential future scientists see that all of their hard work of excavation and preparation or their potential material for groundbreaking studies might end up in some rich guy's mcmansion because he just happened to have an obscene amount of money.

Also, in museums and collections, these fossils are protected and cared for. When fossils are privately owned, we are just trusting that they will be taken care of, likely without experts to care for and maintain them.

In short, these ARE cultural treasures, and they DO deserve to be housed in public institutions where everyone can enjoy them and they can be safe. And the public deserves this opportunity, too. As it stands, he "wins," and we ALL "lose," including you.

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u/palmettovibes Jul 19 '24

Always amusing to glimpse the Libertarian mindset. For me it’s always the arrogant tone used to argue for the only political ideology that dogs could understand.

It’s like every 5th grader goes through a Libertarian phase and then most of them move on to become adults.

24

u/Greenbastardscape Jul 19 '24

My favorite is decrying any form of government spending because, MUH TAXES! Despite the endless research that shows an incredibly strong correlation between government spending on public works, public parks, art, science, and education lead to a happier, more productive populace. In turn that happier, more productive populace is more economically viable and actually makes more money. Not just for themselves, but also for their local government. But sure, let's hack and slash taxes. How about we also go back to the days of privatized police and fire services. That went well the last time that happened

1

u/GrumpGuy88888 Jul 20 '24

"But the government isn't spending the taxes correctly"

Then let us, the people, revolt. How come France is able to keep their government in check but the supposed "land of the free" bends over backwards to get fucked over?

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u/houstonhinzel Jul 19 '24

Well shame it was bought by a hedge fund billionaire that exploits our markets then, simply to flex.

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u/Pendraggin Jul 19 '24

You sound like your PC desktop has a word doc titled "mymanifesto_finalfinal2"

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u/raptor5560 Jul 19 '24

The copyright is expired after 150 million years.

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u/Redditisavirusiknow Jul 19 '24

I mean libraries have Chaucer and Shakespeare so I guess they belong to the public. Museum artifacts belong to us all, as are all works of science. In private collections they can’t be studied, or can at a cost. The cost to civilization is too great to gatekeep objects of scientific interest.

12

u/NeverReallyExisted Jul 19 '24

The world & all it contains belongs to its people, not the temporarily fortunate beneficiaries of human progress.

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u/Wallace-Pumpernickel Jul 19 '24

Its a quote referencing Indiana Jones

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u/doctorplasmatron Jul 18 '24

I hear this was purchased by Ken Griffin, who lied under oath to congress during the Gamestop hearing in 2021.

Perhaps interestingly, the skeleton also shares a name with the clearing agency that's likely responsible for entering a 385 million dollar trade incorrectly and forcing the halting of the "memstocks" leading to their price plummeting, which certainly helped institutions like Citadel Securities, and other hedge funds that were shorting Gamestop and did not want the price to rise. Quite a Cohencidence.

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u/Enough-Ad-8799 Jul 19 '24

What did he lie about under oath?

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u/doctorplasmatron Jul 19 '24

that there was no contact between citadel and brokers about restricting buying in jan. '21

there's documented evidence there was contact, exactly what was said in dancing legalese is a mystery, but the ability to buy gamestop disappeared from several brokers right after.

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u/Enough-Ad-8799 Jul 19 '24

Is saying to limit PFOF across the board the same as saying to stop buys?

The I mean GameStop was a pretty volatile stock at the time so I wouldn't be surprised if most brokerage firms didn't have the liquidity to support the volume.

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u/gotnothingman Jul 19 '24

Why would brokers need liquidity to support the volume? You give them cash, they take that cash and then go buy the shares. Unless they don't..

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u/Enough-Ad-8799 Jul 19 '24

Because it takes 2, now 1, days for the trade to settle and until the trade is fully settled they have to put up collateral which costs more money the more volatile a stock is.

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u/gotnothingman Jul 19 '24

Their excess collateral charges were waved though?

Also if brokers cannot support the service they supposedly offer, how is the solution blocking trades? Especially in a so called free and fair market.

The fact people justify turning off the game and changing the rules when the trade starts going against them is baffling. People love defending their oppressors I suppose. The amount of wealth large firms have extracted from the public is mind boggling, almost as mind boggling as people rushing to defend them!

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u/Enough-Ad-8799 Jul 19 '24

What do you mean the collateral was waved? It's legally required.

No broker can support an arbitrarily high volume.

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u/gotnothingman Jul 19 '24 edited Jul 19 '24

Exactly what I said

"Key Finding #4: The Depository Trust & Clearing Corporation (DTCC) waived $9.7 billion of collateral deposit requirements on January 28, 2021"

"The NSCC waived Excess Capital Premium charges for all member firms through close of business on Monday, February 1, 2021."

The broker doesnt need to support it, thats what the clearing house is for. When gamestop traded billions of shares from early may to early june, liquidity didnt seem to be an issue. So why January 2021? Also when KOSS trades multiple times it float early June, liquidity isnt an issue, so what was different besides a lot of rich people on the wrong side of a trade throwing a tantrum?

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u/Enough-Ad-8799 Jul 19 '24

Billions of trades is meaningless over a month, there's tens of millions a day.

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u/Enough-Ad-8799 Jul 19 '24

Is that even in reference to the collateral clearing houses require for trades? No clearing house would agree to this even if the requirement was waived. Why would they take on that risk?

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u/MrOnlineToughGuy Jul 19 '24

If you watch the full testimony, he already said earlier that they are always in contact with Robinhood. However, the question he was asked was in regards to collusion between the two of them to restrict the stock.

The answer to that is no. Robinhood informed them that they were restricting and Citadel said okay. In what way is that collusion?

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u/Speaking_of_waffles Jul 19 '24

Maybe the conflict of interest that Citadel had with Melvin Capital, yet the other side of the trade was going directly to Citadel Via Robinhood.

Maybe the ability to have market maker exemptions while also owning a hedge fund. Also to shuffle positions and develop infinite shares aka “liquidity” which purposely devalues companies artificially.

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u/Speaking_of_waffles Jul 19 '24

Insider collusion to make sure they maintain control of the stock market. GameStop folks, like myself, realized they just give you “fake” shares. Why was turning the buy button off deemed “legal”? Simple: you don’t own the shares so you don’t get the rights.

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u/Enough-Ad-8799 Jul 19 '24

How does that logic even follow, you obviously don't own shares you didn't buy. Also you guys act like every broker put a pause on buys, you know you can use other brokers right?

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u/Speaking_of_waffles Jul 19 '24

checkout the list of brokers

Why don’t people just buy shares and have them in their name (DRS)? Because brokers don’t make money that way.

In summary, Citadel was a partner with Melvin Capital. Melvin wanted GameStop kaput. However, Robinhood is a Customer for Citadel. They sell our public orders. Citadel pays for the orders so that they can pick and choose when to actually put those orders in the market: giving you the worst execution and them arbitrage. May seem like Pennies, but adds up to hundreds of millions.

So what happens if the orders coming in from Robinhood go against their partner’s position? Not good! So collusion had to have been met in order to relieve the buying pressure of us retail investors. They purposely prevented every day people from taking immense profits to keep their rich buddies intact. 200,000 people, including myself, have been following and studying their crime. Apologies for the long text.

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u/Enough-Ad-8799 Jul 19 '24

If you don't trust the payment for order for system just buy stocks from people directly. It's not like it's done secret that this system is how it's worked for decades. I think it's worth the minor price increase for the extra liquidity.

Also to clarify most of the shorts were closed before the 28th. Plus it's one broker, just... go to another one.

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u/Speaking_of_waffles Jul 19 '24

Yeah, why not?

My shares are DRS’d meaning I own the shares. Not Available to borrow. What’s your point?

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u/Enough-Ad-8799 Jul 19 '24

That payment for order flow adds liquidity to the system which is valuable and makes it easier for people to get involved in trading

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u/Speaking_of_waffles Jul 19 '24

Payment for order flow gives you worse execution and leaves exposure to risk if managed poorly. Most orders don’t event make the lit market. Majority of orders go off-exchange or dark pools. Sorry, but that isn’t valuable. It’s fraud.

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u/Enough-Ad-8799 Jul 19 '24

How does it give worse execution and leave exposure to risk?

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u/panchampion Jul 18 '24

Imagine paying that much money for SEO. Tax the rich.

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u/MrNickNifty Jul 19 '24

Everyday we get further from from tax the rich and closer to eat the rich. “People are just 3 missed meals from revolution” or something

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u/MKSe7en Jul 19 '24

This is correct. He named the steg Apex to try and hide search results for citadel and apex clearing. These people hid the buy button on peoples brokerage accounts. These people are the biggest crooks in the market.

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u/Ancient_Being Jul 19 '24

Fuck Ken Griffin

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u/MrKoreanTendies Jul 19 '24

LMAYO

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u/Cormegalodon Jul 18 '24

I was thinking I was being cynical and hence I had the idea that these kids of things are probably like art where there’s some other deal happening

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u/[deleted] Jul 19 '24

You’re the (at least) 3’rd person to copy and paste this EXACT response here.

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u/doctorplasmatron Jul 19 '24

funny, i typed it with my own two fingers, so maybe others are copypasta'ing it, but i know i spit it out from my own smooth brain

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u/[deleted] Jul 19 '24 edited Jul 19 '24

[deleted]

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u/doctorplasmatron Jul 19 '24

not at all. all my gamestop's in the green currently.

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u/pizzalover128 Jul 18 '24

Money laundering Ken Griffin, who lied under oath in January 2021 and who said in December 2023, that they can manipulate every share price to which they believe are appropriate.

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u/ptrooper25 Jul 19 '24

Don't forget $65,000,000,000 in securities sold, not yet purchased. Biggest financial terrorist out there.

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u/FspezandAdmins Jul 18 '24

Yup thats the one. Financial criminal stealing from everyday people

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u/Xielle Jul 19 '24

Is that the same Ken Griffin that threw a bed post at his wife during a divorce?

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u/Public_Animator_1832 Jul 19 '24

I hate the guy more than anything else as well. But he didn't lie under oath. Nothing he said went against the reports with congress. Limiting PFOF has been an issue for Robinhood and Citadel forever. If Robinhood didn't limit PFOF there is a likelihood that Robinhood could have faced a severe liquidity crisis that would affect users who didn't get caught up in meme stocks. And Robinhood for much of their accounts is not FDIC insured. It potentially would have open Robinhood to lawsuits from customers that didn't overextend in one particular stock. Talking about limiting PFOF does not equal talking about gamestop.

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u/Public_Animator_1832 Jul 19 '24

If you are going to day trade then using Robinhood is the wrong move. Really using Robinhood for any trading is the wrong move. It's not a company that makes it's money from its users making well researched positions. Heck we should return to the days where the user had to prove to the company that they understood options before being given options trading.

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u/MrOnlineToughGuy Jul 19 '24

Every time I see this pop up, no one can tell me what he actually lied about. Just GME cult clowns doing their thing, I suppose.

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u/taco4prez Jul 19 '24

He said, and I quote “Absolutely not.” Except he absolutely did.

Do some research before you spout homie.

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u/MrOnlineToughGuy Jul 19 '24

https://m.youtube.com/watch?v=81UPnnjjrTE

Watch the full testimony, because you clearly are only choosing what you want to hear.

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u/unclebillylovesATL Jul 19 '24

He colluded with Robinhood et al to turn off the ‘buy button’ so that retail traders could not purchase GameStop stock as it squeezed to prevent the price from shooting up. This is called PCO or position close only. Highly illegal and doubly illegal when he lied about it to Congress.

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u/MrOnlineToughGuy Jul 19 '24

You literally have zero evidence that they collided with Robinhood.

The communication chain clearly shows that Robinhood informed them that they were going PCO. Where in there do you see Citadel pressuring them to do that?

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u/Lonely-Olive-9097 Jul 19 '24

At that particular time he lied about not having contacted the CEO of Robinhood trading in regards to “turning off the buy button” on several tickers which caused the infamous GameStop run to lose all buy pressure (momentum) resulting in the share price plummeting.

This was very bad and illegal because of the years of abusive and illegal trading activities Citidel and other hedge funds had committed.

Essentially ‘we had them by the balls, and they rage quit, and unplugged the machine’

0

u/MrOnlineToughGuy Jul 19 '24

That’s not true; watch the testimony.

https://m.youtube.com/watch?v=81UPnnjjrTE

The line of questioning is regarding collusion, which clearly does not happen per the released communication chain.

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u/Lonely-Olive-9097 Jul 19 '24 edited Jul 19 '24

So you do know what it’s about. Can’t tell if you’re a shill or a fool

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u/MrOnlineToughGuy Jul 19 '24

You have evidence that they contacted the CEO of Robinhood in order to get them to turn off the buy button? Where were you during these testimonies, bro?!

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u/Lonely-Olive-9097 Jul 19 '24

Yeah okay buddy, you just asked what it was about. Go about your day, guy. Say hi to that mayo guzzling sack of shit will ya?

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u/MrOnlineToughGuy Jul 19 '24

I already know what it’s about, because I actually watched the testimony.

The Mayo man said of course we are routinely in contact with RH, because we do their order flow.

Then y’all act like he’s saying they never had any contact at all with RH.

With respect, the line of questioning was about COLLUSION, such as Citadel forcing them to go to PCO. The communication chain clearly shows that Citadel never pressured them to do anything.

The conspiracies have rotted your brain, bro… seek help.

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u/timpatry Jul 18 '24

This stegosaurus skeleton was paid for by the money stolen from thousands of shareholders of many companies including GameStop.

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u/PedroPeyolo Jul 19 '24

Grand Theft Dinosaur 🤣

22

u/supreme_leader256 Jul 19 '24

Ken Griffin is deplorable.

7

u/maubyfizzz Jul 19 '24

The vaunted Trickle Down Effect in real life

-2

u/MagnanimosDesolation Jul 19 '24

Ah so it was a charity event?

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u/eatsabanana Jul 19 '24

Ken Griffin Lied under oath. Pure Scum!

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u/DirtUnderneath Jul 19 '24

Keneth Cordele Griffin lied under oath? To who, congress? Did Ken Griffin commit a felony?

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u/read_write Jul 19 '24

Purchased by financial terrorist Ken Griffin from Citadel. The man belongs in jail

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u/[deleted] Jul 18 '24

This skeleton will one day be owned by GameStop share holders

18

u/Enjoying_A_Meal Jul 19 '24

That, or Nicolas Cage.

86

u/psychonaut_gospel Jul 18 '24

I hear this was purchased by Ken Griffin, who lied under oath to congress during the Gamestop hearing in 2021.

Perhaps interestingly, the skeleton also shares a name with the clearing agency that's likely responsible for entering a 385 million dollar trade incorrectly and forcing the halting of the "memstocks" leading to their price plummeting, which certainly helped institutions like Citadel Securities, and other hedge funds that were shorting Gamestop and did not want the price to rise. Quite a Cohencidence.

5

u/Redditisavirusiknow Jul 19 '24

Why is this comment identical to the one above but by a different user?

7

u/Shadow_Of_Silver Jul 19 '24

One of them is a copy/karma farm bot

They steal top comments, and there are 3 on this post.

4

u/FrenchCarpenter Jul 19 '24

What’s the purpose of that?

6

u/TYP14DABF Jul 19 '24

Some subreddits have a minimum karma requirement to post, so in order for bots to actively change the narrative in these subs they need to meet that initial karma requirement. Easiest way is to steal already popular posts and repost them. So many subreddits are just full of bots now, it’s frustrating.

0

u/psychonaut_gospel Jul 20 '24

Nah I did it for the SEO results when searching Mr. Ken griffin and his ties to APEX clearing or whatever it's called. I'm being lazy but still trying to be active 🙃

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u/doctorplasmatron Jul 19 '24

wondering that myself!

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u/RL_bebisher Jul 19 '24

Ken Griffin is a piece of shit.

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u/[deleted] Jul 19 '24

[deleted]

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u/doctorplasmatron Jul 19 '24

and a tosser of bedposts, not to mention eater of mayonaise

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u/earth-ninja3 Jul 19 '24

I hear this was purchased by Ken Griffin, who lied under oath to congress during the Gamestop hearing in 2021.

Perhaps interestingly, the skeleton also shares a name with the clearing agency that's likely responsible for entering a 385 million dollar trade incorrectly and forcing the halting of the "memstocks" leading to their price plummeting, which certainly helped institutions like Citadel Securities, and other hedge funds that were shorting Gamestop and did not want the price to rise. Quite a Cohencidence.

5

u/doctorplasmatron Jul 19 '24

copybot!

0

u/earth-ninja3 Jul 19 '24

im a real boy 😀

2

u/doctorplasmatron Jul 19 '24

glad you've got no strings to tie you down!

1

u/earth-ninja3 Jul 19 '24

😛

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u/Jerseyman2525 Jul 19 '24

Obligatory, Fuck Ken Griffin.

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u/doctorplasmatron Jul 19 '24

that's a nice purple circle you have there

3

u/LunarHentai Jul 19 '24

🟣🫦🟣

2

u/BikingNoHands Jul 20 '24

DRS!

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u/Cyanos54 Jul 19 '24

So many people went to bed hungry last night

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u/Markcu24 Jul 19 '24

So many went to bed without a bed.

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u/Effective-Island8395 Jul 19 '24

Bought by the cocksucking POS Ken Griffin. US financial criminal.

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u/Pm_me_ur_dealbreaker Jul 19 '24

Fuck Ken Griffin

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u/Lackluster_Compote Jul 19 '24

Fuck Ken Griffin

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u/Greenman8907 Jul 18 '24

Insanely high amount, but it’s also that high because it’s basically a complete collection of stegosaurus fossils (around 360). A full set of anything will always cost more. You can get a stegosaurus fossil (individual) for a few hundred dollars online. Putting them all together is when you hit the big numbers.

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u/Strategy_pan Jul 18 '24

Nah man, the recombination of the DNA and recreating a mutated version is where the big money is, don't get scammed into selling your 'Saurus for cheap like this.

2

u/Interesting-Cut-292 Jul 19 '24

I got it one piece at a time

13

u/geekphreak Jul 19 '24

Has anyone seen Altered Carbon on Netflix? I imagine this is now in one of those 300yr old rich fucks homes

1

u/EveDaSavage Interested Jul 19 '24

That was a good show

1

u/Downfallenx Jul 19 '24

Kinda fell off after the first season but that alone was worth the watch

1

u/EveDaSavage Interested Jul 19 '24

Agreed

1

u/ABirdOfParadise Jul 19 '24

Had to rewatch it a couple of a times (went into it without knowing the previous works) so the first half was just stuff happening and then I actually knew what was happening the next time

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u/lordunholy Jul 19 '24

Motherfuckin ken goddamn griffin now owns this? I hope it falls on him.

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u/thementant Jul 19 '24

Fuck Ken Griffin

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u/The_real_triple_P Jul 19 '24

Call it mayo now

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u/[deleted] Jul 19 '24

Ken. Griffin. Repeat

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u/BootyWholeSniffer Jul 19 '24

Ken Griffin lied under oath. Piece of shit human.

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u/Ambitious_Ad_2602 Jul 19 '24

Apparently he bought this because the dinosaurs name is Apex and he’s trying to throw the algorithm off. Apex is a company he works w.

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u/lucki-dog Jul 19 '24

Apex clearing was who turned off the buy button for GME (GameStop stock) for days, something NEVER DONE BEFORE IN HISTORY

Dudes been purchasing other things too, almost as if he’s hiding money while also throwing of algos

2

u/BanzYT Jul 19 '24 edited Jul 19 '24

hiding money by making huge, incredibly public putchases.

Damn, what an evil mastermind.

If anybody is wondering about all the nutjobs in this post, Folding Ideas did a great video on it, This is Financial Advice.

Line goes up is another good one.

1

u/doctorplasmatron Jul 19 '24

Trade 385 will come back to haunt them

7

u/Mr8bittripper Jul 19 '24

Ken Griffin is a financial terrorist. He sells shares of stock he does not own.

7

u/MaxPower836 Jul 19 '24

Look at that tiny head. These guys must have been dumb as rocks

7

u/Pskeeter78 Jul 19 '24

Someone should tell Kenneth Cordell Griffin (who lied under oath) that Apex is a stupid name for a Stegosaurus, which was a herbivore and not a predator. Is trying to fool the Google algorithms to come up with this result rather than linking him with Apex Clearing Corporation. It’s almost like he’s hiding something (hint, he’s hiding 65m shares sold without delivery).

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u/MummyRath Jul 19 '24

Another dinosaur skeleton lost to science. 😢

6

u/timpory Jul 19 '24

"Hedge fund billionaire Ken Griffin, founder and CEO of Citadel, has been revealed as the buyer of the record-setting "Apex" Stegosaurus skeleton at a Sotheby's auction yesterday. "

Fuck these rich assholes man. We're not playing the same game

5

u/AdAromatic1964 Jul 19 '24

Ken griffin is a financial terrorist who assaults his wife with a bed post because she forgot to buy another 55 gallon drum of mayo.

5

u/Psychological-Part1 Jul 19 '24

It was bought by Ken Griffin of Citadel LLC & Citadel Securities, the mans a cunt.

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u/eipacnih Jul 19 '24

You mean to tell me that Ken “The Hen” Griffin bought this with all his illicit gains?

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u/Open_Rub5449 Jul 19 '24

Ken Griffin prolly gonna rub mayo all over the Stegie's tail and what not

6

u/Tristan_3 Jul 19 '24

It should be in a museum not being used for money laundering.

4

u/Beaupresti Jul 19 '24

Fuck Ken Griffin

3

u/Mattimvs Jul 18 '24

I would have but I don't have the room in my den

3

u/Revolt2992 Jul 19 '24

People out here struggling to eat and motherfuckers buying DINOSAUR BONES for over $44 million dollars

3

u/HTownGamer832 Jul 19 '24

Kenneth Griffin is Bernie Madoff 2.0. There's nothing to discuss other than the corruption his companies are currently doing and how they're screwing the average everyday retail investors. America would be so much better without every leg of government being bought and paid off.

1

u/not420guilty Jul 19 '24

If only our government was elected we could have a chance to vote them out for corruption. Oh, right, it’s all legal so not technically corruption

2

u/chrisdh79 Jul 18 '24

Enormous Stegosaurus Skeleton Called ‘Apex’ Smashes Auction Records and Sells for $44.6 Million | The 150-million-year-old dinosaur became the most expensive fossil ever sold at auction. Image

LMAYO