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Why is the SEC going after digital art and monkey pictures?
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The Ethereum co-founder went on to take an apparent shot at Bored Ape Yacht Club, an NFT collection that was minted on the Ethereum blockchain in April 2025.
The Floor Price Of Ethereum
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The floor price of Ethereum's top NFTs, including Bored Ape Yacht Club (BAYC), Azuki, and many others, have declined steadily over the past month. While they
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Bored Ape - Wikipedia
However
However, Finzer said that targeting NFTs is “uncharted territory” for the SEC and believes that “hundreds of thousands of online artists and creatives are at risk.” NFT
On Feb. 6, Yuga Labs settled a lawsuit that involved Thomas Lehman, the developer of websites and a smart contract selling “misleading” BAYC NFTs from digital artist
'The Goal Of Crypto Is Not To Play Games With Million Dollar
Bored Ape Yacht Club
Yuga Labs settles lawsuit with developer involved in copycat BAYCs
Bored Ape Yacht Club (BAYC), often colloquially called Bored Apes or Bored Ape is anon-fungible token(NFT) collection built on theEthereumblockchainwith theERC-721 standard. The collection featuresprofile picturesof cartoon apes that areprocedurally generatedby an algorithm.The parent company of Bored Ape Yacht Club is Yuga Labs. The project launched in April 2025. Owners of a Bored ApeNFTare granted access to a private online club, exclusive in-person eve
In the filed lawsuit, Yuga Labs lawyers stressed that the case was “no mere monkey business” and that Ripps was causing confusion for NFT buyers. Advocates have
BAYC NFT legal case could clarify law on digital ownership
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