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Coinpedia 2025-10-04 07:28:39

U.S Federal Court Rules Bored Ape Yacht Club NFTs and ApeCoin Are Not Securities

U.S Federal Court Rules Bored Ape Yacht Club NFTs and ApeCoin Are Not Securities

The post U.S Federal Court Rules Bored Ape Yacht Club NFTs and ApeCoin Are Not Securities appeared first on Coinpedia Fintech News The U.S. federal court has ruled that Bored Ape Yacht Club (BAYC) NFTs and ApeCoin do not meet the legal definition of securities. The verdict, delivered by Judge Fernando M. Olguin in California, dismissed a 2022 investor lawsuit accusing Yuga Labs, the creator of BAYC, of selling unregistered securities and misleading investors. The decision marks …

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