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Today came some important news from the NFT sector, which broke through last year and disappointed its investors today. An investigation has been launched against the creator of
Today came some important news from the NFT sector, which broke through last year and disappointed its investors today. An investigation has been launched against the creator of Bored Ape Yacht Club NFTs, which feature the iconic monkey figure, including some of the most expensive NFTs on the NFT market.
United States Securities and Exchange Commission (SEC), creator of Bored Ape Yacht Club NFTs Opened an investigation into Yuga Labs. The reason for the investigation was not the collapse of the NFT industry or the financial loss suffered by those who invested in these NFTs.
According to information Bloomberg got from an anonymous source, the investigation needs to understand whether the offering of NFTs is comparable to stocks, so on investigating the need for the same rules started.
SEC, as well as NFTs We also distribute ApeCoin examined. This cryptocurrency has been distributed to people with Bored Ape Yacht Club NFTs.
The new Yuga Labs investigation is considered another step by SEC Chairman Gary Gensler to ensure crypto assets comply with SEC regulations. Gensler has often said that crypto assets Must be audited by the SEC had said.
SEC’s investigation into Yuga Labs, It does not mean that Yuga Labs is committing an illegal act. But the outcome of the study will be very important for the future of NFTs. The SEC may have the potential to issue some regulation for NFTs and tokens.
Source: Web Tekno
Alice Smith is a seasoned journalist and writer for Div Bracket. She has a keen sense of what’s important and is always on top of the latest trends. Alice provides in-depth coverage of the most talked-about news stories, delivering insightful and thought-provoking articles that keep her readers informed and engaged.
