Someone bought all the rights for Fyre Festival on eBay
An undisclosed buyer acquired the intellectual property, brand trademarks, and all social media assets pertaining to Fyre Festival after a week-long auction.
McFarland expressed disappointment during a livestream as the bidding reached $240,000, commenting, 'Damn. This sucks, it's so low.'
The sale follows the indefinite postponement of Fyre Festival 2 earlier this year, with ticket-holders informed they had been issued refunds.
McFarland, who served four years for his fraud conviction, still owes $26 million in restitution from the original disastrous event.
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