SEC coming after Bored Apes

By chovy 2 months ago
The Securities and Exchange Commission (SEC) has launched an investigation into Bored Ape creator Yuga Labs. The investigation has been launched by Scott+Scott Attorneys at Law LLP, a litigation firm based in New York. The SEC is investigating the unregistered public offerings of ApeCoin tokens and virtual land in its metaverse. The company has raised over $320 million in cryptocurrency.