SEC Investigates Creator of Bored Ape Yacht Club NFTs(p2eanalytics.com)
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SEC Investigates Creator of Bored Ape Yacht Club NFTs
https://p2eanalytics.com/web3/sec-investigates-bayc-creator-yuga-labs
1 comments
Seems that the SEC is getting its hand into all things related to crypto. Not sure how they'd classify these NFTs as a security, unless maybe Yuga Labs promised owners income. Hopefully they don't regulate the industry to death. However, appropriate regulation could be very good for the industry.
>Hopefully they don't regulate the industry to death
Hopefully they do
Hopefully they do