Fyre Competition founder Billy McFarland, who was launched from federal prison in 2022 after serving 4 years behind bars for crimes associated to the occasion, watched his model promote on eBay for $245,300.
“Rattling,” McFarland mentioned while streaming the bids. “This sucks, it is so low.”
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Bloomberg notes that the successful bid was solely 0.9% of the $26 million McFarland has been ordered to pay in restitution.
The sale, which lasted every week, consists of rights to the IP, logos, and social media accounts. There have been 175 bids in complete from 42 bidders, with the ultimate bid coming simply earlier than 1 p.m. on Tuesday.
McFarland did not disclose who the customer was, however laughed when he noticed the identify, per NBC Information.
“It is humorous,” he mentioned.
After the notorious Fyre Festival disaster within the Bahamas in 2017, McFarland tried to revive the model with the Fyre Fest 2, which was presupposed to happen from Could 30 to June 2 in Mexico, however was canceled in April (or never scheduled within the first place).
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“I am certain many individuals suppose I am loopy for doing this once more. However I really feel I might be loopy to not do it once more,” McFarland mentioned when gross sales began.
McFarland tried to promote the model by means of an electronic mail type with a proposal sheet, earlier than turning to eBay in July.
