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How live-streamed $375k deal for Pokémon cards ended in disaster

Buyer finds first edition pack is fake as value of the collectibles rockets amid pandemic

It had been billed as a record-breaking deal that would make serious investors covet 20-year-old trading cards featuring pictures of cartoon monsters.

Instead, a $375,000 (£287,000) cash transaction ended in disaster on Tuesday, when the buyer opened a sealed box that was supposed to be full of rare first-edition Pokémon cards live on YouTube – and found that the contents had been faked.

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