Court Rules BAYC NFTs and ApeCoin Are Not Securities

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A federal judge in California has dismissed an investor lawsuit against Yuga Labs, stating that Bored Ape Yacht Club NFTs and ApeCoin don’t qualify as securities. The court determined that the plaintiffs failed to meet the Howey test’s criteria. It concluded that BAYC NFTs serve as digital collectibles offering community access and membership perks, not as investment vehicles.

Ripple Cryptocurrency News: Tundra Presale Transforms $500 Into Six-Figure Fortunes
The post Ripple Cryptocurrency News: Tundra Presale Transforms $500 Into Six-Figure Fortunes appeare...

Traders Call It the Top Crypto for 2025 With 45x Potential, While ADA and XRP Could Deliver But Small
The post Traders Call It the Top Crypto for 2025 With 45x Potential, While ADA and XRP Could Deliver...

Bitcoin and Ethereum ETFs See 5th Day of Strong Inflows
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