Breaking news in the Web3 space, the SEC is now probing crypto leader Yuga Labs over unregistered offerings, specifically the leader’s NFTs and ApeCoin, a cryptocurrency issued by ApeCoin DAO that was adopted by Yuga. At issue is whether non fungible tokens (NFTs) are investment contracts and thus securities. To determine whether NFTs are securities, … Continue reading Webs Galore in Web3: NFTs in the SEC’s Eye