SEC Investigates Creator of Bored Ape Yacht Club NFTs

Posted by mardoik on Tuesday October 11, 2022 @06:49PM
from the p2eanalytics.com dept.

https://p2eanalytics.com/web3/sec-investigates-bayc-creator-yuga-labs

( 2 comments | 3 points | on HN )

Re:SEC Investigates Creator of Bored Ape Yacht Club NFTs by mardoik on Tuesday October 11, 2022 @06:49PM (#33170278)

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.

[ Parent | on HN ]

Re:SEC Investigates Creator of Bored Ape Yacht Club NFTs by waste_monk on Tuesday October 11, 2022 @07:57PM (#33170866)

>Hopefully they don't regulate the industry to death

Hopefully they do

[ Parent | on HN ]