Big news for NFTs! Yuga Labs, a company that makes super popular NFTs like Bored Ape Yacht Club, just announced that the government's investigation into them is over. This means they won't face any charges. This is a big deal for the NFT world!
- The government (SEC) was checking if Yuga Labs' NFTs were actually like stocks.
- The investigation lasted over three years.
- The SEC closed the case, saying NFTs are not securities (like stocks).
- This is good news for other NFT companies, too.
| Fact | Details |
|---|---|
| Investigation Length | 3+ years |
| Outcome | Investigation closed |
| Yuga Labs NFTs | Bored Ape Yacht Club, Mutant Ape Yacht Club, CryptoPunks |
