Lawsuit Targets Bored Ape Yacht Club NFTs’ Plummeting Value and Alleged Collusion
Four investors who bought NFTs from the Bored Ape Yacht Club collection are suing project creator Yuga Labs and one of the oldest auction houses, Sotheby's, accusing them of promoting tokens whose value has fallen significantly. Investors have accused Sotheby's of colluding with developer Yuga La ...