Judge tosses lawsuit against Yuga Labs over failure to satisfy Howey test
The plaintiffs failed to show how Bored Ape Yacht Club and other NFTs represent investment contracts under the SEC's 3-pronged Howey Test.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The plaintiffs failed to show how Bored Ape Yacht Club and other NFTs represent investment contracts under the SEC's 3-pronged Howey Test.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
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