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Captain Junkie
The Securities and Exchange Commission may be poised to crack down on the multi-billion dollar NFT industry—but one of its own doesn’t believe the SEC should be so quick to bring down the hammer. The SEC, according to reports, is currently investigating Yuga Labs—the $4 billion company behind the Bored Ape Yacht Club—for securities violations. But the Commission has thus far issued zero statements regarding its position on NFTs specifically, leaving creators feeling uncertain and frustrated about how to navigate what they consider to be an ambiguous regulatory environment. And they ha ...
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