The price of ApeCoin has dropped by more than 16% this month to $4.50 following news that Yuga Labs, the $4 billion firm behind the Bored Ape Yacht Club, is under investigation by the Securities and Exchange Commission. According to a Bloomberg report citing an anonymous source, the SEC is investigating allegations that the company's NFTs violated security registration regulations. ...Read More: Will The ApeCoin Price Recover - Buyers Ape Into Rival NFT Game Calvaria's RIA Token
