Coinnounce
2022-07-25 04:53:54

A Class Action Suit Against Yuga Labs for Fleecing Investors

The community was alleged “inappropriately persuaded” to purchase Bored Ape Yacht Club non-fungible tokens (NFTs) and the project’s associated ApeCoin (APE) token by Yuga Labs, according to a proposed class-action lawsuit. On July 21, a potential class action brought by the legal firm Scott+Scott was announced, alleging that Yuga Labs had “inflated the price” of […]

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