Bored Ape NFTs Not Securities, Federal Judge Rules in Key Yuga Labs Case

A federal court in California has ruled that Bored Ape Yacht Club (BAYC) NFTs are not securities, closing a class-action lawsuit that had challenged the legal status of one of the most well-known digital collectible projects. The decision ends years of uncertainty surrounding Yuga Labs’ compliance with U.S. securities law and marks one of the […] Read The Full Article Bored Ape NFTs Not Securities, Federal Judge Rules in Key Yuga Labs Case On Coin Edition.