Yuga Labs is reportedly probed by the U.S. Securities and Exchange Commission (SEC) for the issuance of Bored Ape Yacht Club NFT collection. The agency is allegedly determining if the sale of the NFTs was similar to a stock offering and should have been subject to the same disclosure requirements.

Yuga Labs is reportedly probed by the U.S. Securities and Exchange Commission (SEC) for the issuance of Bored Ape Yacht Club NFT collection🙈. The agency is allegedly determining if the sale of the NFTs was similar to a stock offering and should have been subject to the same disclosure requirements.