Article Details

Read Original
Coinpedia

U.S Federal Court Rules Bored Ape Yacht Club NFTs and ApeCoin Are Not Securities

The post U.S Federal Court Rules Bored Ape Yacht Club NFTs and ApeCoin Are Not Securities appeared first on Coinpedia Fintech NewsThe U.S. federal court has ruled that Bored Ape Yacht Club (BAYC) NFTs and ApeCoin do not meet the legal definition of securities. The verdict, delivered by Judge Fernando M. Olguin in California, dismissed a 2022 investor lawsuit accusing Yuga Labs, the creator of BAYC, of selling unregistered securities and misleading investors. The decision marks ...

Categories

Related Cryptocurrencies

Latest Crypto News

Stay ahead with real-time cryptocurrency news, market insights and expert analysis from trusted sources.

Market Sentiment
Analysis based on news & social posts

Overall Market

Confidence

24h Trend

Trending Coins

Momentum Tracker
Tracks mention growth & sentiment shifts

Top Gainers (24h)

Breakout Alert

Top Sources

No data available

Trending Coins

No data available

Loading more news...