A class-action lawsuit contends that stakeholders in Yuga Labs, the parent company of NFT series Bored Ape Yacht Club and its affiliated digital products, engaged in a conspiracy with celebrities t…
, Paris Hilton, Snoop Dogg, The Weeknd, Post Malone and NBA star Steph Curry. Also named is Amy Wu, who recently exited troubled cyptocurrency exchange FTX and served as a consultant and board member of the ApeDAO., a Yuga Labs spokesperson said, “In our view, these claims are opportunistic and parasitic. We strongly believe that they are without merit, and look forward to proving as much.”
Another prominent piece of promotion came by way of an FTX teaser commercial featuring Steph Curry carving an ice sculpture of a Bored Ape with the tagline, “When learning about crypto, you’ll be anything but bored.” The period specified in the class action is from April 24, 2021, to present. At its portfolio height in early 2022, Bored Ape NFTs were fetching in the hundreds of thousands of dollars with what were deemed rare characteristics. Plaintiff Titcher purchased a Mutant Ape and an Otherdeed for the Bored Ape metaverse Otherside, and Real purchased ApeCoin tokens, according to the lawsuit.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Justin Bieber, the Weeknd, Madonna Among Defendants in Lawsuit Against Bored Ape Yacht ClubJustin Bieber, The Weeknd, Madonna, and Post Malone are among the artists, athletes, and celebrities named in a class action lawsuit against the creators of the Bored Ape Yacht Club NFTs.
Baca lebih lajut »
Snoop Dogg, Madonna and More Celebs Are Being Sued for Promoting Bored Ape Yacht Club NFTsThe A-listers are accused of promoting the NFTs for compensation without disclosure.
Baca lebih lajut »
Celebrity Promoters Sued Over Bored Ape NFT EndorsementsThe suit accuses the creators of Bored Ape Yacht Club NFTs of enlisting A-listers to mislead their followers into buying bad investments at inflated prices.
Baca lebih lajut »
Justin Bieber and The Weeknd Sued Over Alleged Bored Ape NFT Scheme: ‘Drastically Inflated Prices’Justin Bieber, Snoop Dogg, The Weeknd and dozens of other celebrities are facing a new class action lawsuit alleging they were secretly paid to “misleadingly” promote NFTs like the Bored Ape Yacht Club.
Baca lebih lajut »
Jimmy Fallon, other celebs sued for promoting Bored Ape NFTsGwyneth Paltrow, Justin Bieber, Madonna, and more are accused of promoting Bored Ape Yacht Club NFTs without disclosing payments for endorsements
Baca lebih lajut »
Bieber, Madonna Among Dozens of Celebs Named in Lawsuit Alleging Yuga Labs NFT 'Scheme'A new lawsuit claims that Yuga Labs and Guy Oseary were involved in a 'scheme' and used MoonPay as a 'front operation' to promote and sell digital assets using celebrity endorsements. Yuga Labs called the allegations 'opportunistic and parasitic.'
Baca lebih lajut »