Yuga Labs is under investigation by the U.S Securities and Exchange Commission The investigation revolves around the sale of BAYC NFTs and ApeCoin tokens. As far as a lawsuit is concerned, no charges have been filed by the SEC yet. ApeCoin is down 11% following news of the probe. The United States Securities and Exchange Commission (SEC) has launched a probe into Yuga Labs Inc, the firm behind the popular NFT collection Bored Ape Yacht Club (BAYC). According to a report published by […]
