Cryptocurrency

Yuga Labs Accused of Manipulating Buyers With Inflated Prices, Celeb Endorsements in Proposed Lawsuit

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Yuga Labs Accused of Manipulating Buyers With Inflated Prices, Celeb Endorsements in Proposed Lawsuit

Law firm Scott+Scott has proposed a class-action lawsuit against BAYC NFT creator Yuga Labs alleging the firm of ‘fraudulently duping’ investors. The law firm has pointed out how the prices of BAYC NFTs and Yuga Labs’ native ApeCoin dropped in recent months, bringing losses to investors. The law firm has now opened channels for individual BAYC and ApeCoin invest…

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