"Fyre Festival is just one chapter of my story, and I'm excited to move onto my next one," McFarland said following the sale.

The auction price is a sliver of the $26 million that founder Billy McFarland was ordered to pay his fraud victims.

Billy McFarland has sold the Fyre Festival brand on eBay. The creator of the festival revealed that he had sold his brand, months after announcing it was for sale. The highest bid of the 175 that came ...

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