Cryptory.net - Yuga Labs, the creator of the popular NFT collection Bored Ape Yacht Club is facing an investigation by the SEC for allegedly providing illegal services, violating federal law.
Last week, a spike in trading volume allowed GODA Mint Pass and We Are All going To Die (WAGDIE) to overtake Bored Ape Yacht Club (BAYC). But things changed when BAYC regained the top spot on OpenSea this week, despite a 53% drop in price from its all-time high (ATH) in May.
32 non-fungible tokens (NFTs) were stolen after they had gained access to the Discord servers of two Yuga Lab’s projects, Bored Ape Yacht Club and OtherSide Metaverse.