Story Highlights* U.S. court rules BAYC NFTs & ApeCoin are not securities, marking a landmark victory for Yuga Labs and setting a key precedent for the NFT industry.
Judge dismisses BAYC securities lawsuit, declaring NFTs as collectibles not investments—boosting Yuga Labs and reshaping NFT legal clarity.
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U.S Federal Court Rules Bored Ape Yacht Club NFTs and ApeCoin Are Not Securities
Story Highlights* U.S. court rules BAYC NFTs & ApeCoin are not securities, marking a landmark victory for Yuga Labs and setting a key precedent for the NFT industry.