Yuga Labs, creator of BAYC NFTs, says the US SEC closed its investigation into the company without taking enforcement action, adding “NFTs are not securities”

decrypt.co/308539/bored-ape-creator-yuga-labs-says-sec-closing-investigation-in-huge-win-for-nft-sector

The U.S. Securities and Exchange Commission has closed its investigation into Yuga Labs, the creator of the Bored Ape Yacht Club (BAYC) NFT collection, without taking enforcement action, the company said on Monday.
Yuga Labs had been under SEC scrutiny since 2022 over whether its NFT…

This story appeared on decrypt.co, 2025-03-05 08:10:30.961000.
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