SEC Investigates Creator of Bored Ape Yacht Club NFTs

Post by mardoik » Tue, Oct 11, 2022, 10:49 PM UTC

Post by waste_monk » Tue, Oct 11, 2022, 11:57 PM UTC

mardoik wrote: post #2

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.