United States SEC Terminates Probe into YugaLabs

Yuga Labs, the creator of the Bored Ape Yacht Club (BAYC) NFT collection, announced that the SEC had officially terminated its probe, which began in October 2022. The investigation focused on determining whether certain NFTs, including those from Yuga Labs, should be classified as securities under U.S. law, similar to stocks, and whether their sales [...]The post United States SEC Terminates Probe into YugaLabs appeared first on Tekedia.

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