Cryptocurrency Market News Live Updates and Latest News: The Global digital asset market registered a marginal recovery over the past day. The cumulative market cap now stands at around $922 billion. However, the U.S. Securities and Exchange Commission (SEC) has launched a probe against the BAYC’s parent company Yuga labs over the nature of certain NFTs. Global investors are still waiting for the CPI numbers to drop.
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2022-10-12T12:15:00+5:30
Bored Ape Parent Company Yuga Labs Faces SEC Probe
The U.S. Securities and Exchange Commission (SEC) has launched an against the BAYC’s creator Yuga labs over the nature of certain NFTs. It mentions whether some NFTs should follow the stock rules and also investigate the distribution of ApeCoin.
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