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Cryptopolitan
2022-10-12 09:21:19

Are NFTs securities? Why is SEC probing Yuga Labs?

Are NFTs securities? Why is SEC probing Yuga Labs?

Yuga Lab, the company behind the popular Ethereum-based nonfungible token collection, Bored Ape Yacht Club (BAYC), is now under probe by the U.S Securities and Exchanges Commission (SEC). The Commission is investigating the company to determine whether its digital assets are securities and if the company violated federal law by issuing them.  Why is SEC … Are NFTs securities? Why is SEC probing Yuga Labs? Read More »

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