Yuga Labs Threatened With Possible Class-Action Lawsuit - Decrypt

The suit likely will allege that Yuga Labs’ Bored Ape Yacht Club NFTs and ApeCoin are securities that failed to deliver on promised returns.

Last month, Yuga Labs, the $4 billion company behind popular NFT collection Bored Ape Yacht Club (BAYC), generated headlines by suing a prominent artist for trademark infringement.  Now, the company… [+4598 chars]

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