Not for misleading, but for being a smart ass. The guy now has eight "customers" that he would probably prefer not to meet in a dark street corner. If I meet anyone using software I've written, I am sure some will say they like it, some will moan, some will have either good or useless suggestions to improve it, but there won't be anyone who wants to smash my face for writing that software. Which is exactly what all his eight "customers" want to do.
I believe someone already addressed this
But, I don't think there was ANY question about what the software promised.
"you are getting a picture of a diamond that just sits there" is what it even says on the developers description (I obviously can't confirm this now)
where they expecting that this diamond app was going to make the WHOLE cellphone become diamond encrusted?
I really think calling this an art piece is interesting -- more accurately we could allude it the equivalent of a print -- since we are not getting the "original" work, and we can get as any copy's as we desire to purchase.
Are all works worth what they cost? that's a question of perceived value.
But that's an argument that can be made buy anyone for anything.
These 8 transactions violated no laws i'm aware off, be it legislated or economic.
There were buyers, there was a seller -- they met in a market and agreed to a price. All information was provided -- you can't really argue this was price guaging because even thought there was no alternative or other sellers, this really isn't a product you HAVE to have.
In reality, this diamond application is exactly analogous to the real diamond market. Diamonds do not hold as much intrinsic value as they are sold for. There is no decree that makes them worth as much as they are. There use in industry is not dependent on luster or cut. They are really only worth what the seller is willing to accept and the buyer is willing to give.