Bored Ape Creators ‘Yuga Labs’ Hit With Class-Action Lawsuit Alleging Inflated Values

Yuga Labs, creators of the Bored Ape Yacht Club NFT collection and ApeCoin, are facing a class-action lawsuit brought by international law firm Scott+Scott for allegedly falsely promoting Bored Ape NFTs and ApeCoin as securities with guaranteed returns, but which actually plummeted in value over the past three months…
Read More