Yuga Labs said the SEC has dropped its probe into the NFT conglomerate, which the agency first launched in late 2022.
Update (March 4, 12:15 am UTC): This article has been updated to add price information on ApeCoin and Yuga Labs’ NFTs.
Non-fungible token (NFT) conglomerate Yuga Labs says the US Securities and Exchange Commission has closed its investigation into the company.
“After 3+ years, the SEC has officially closed its investigation into Yuga Labs,” the company said in a March 3 X post. “This is a huge win for NFTs and all creators pushing our ecosystem forward.”
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