Yuga Labs: We will cooperate fully with the SEC investigation
BlockBeats news, October 12, Yuga Labs on the "SEC" investigation news response said: "As a leader in this space, Yuga Labs will fully cooperate with the SEC's relevant investigations. As policymakers and regulators seek to learn more about the Web3 world, we look forward to working with other industries and regulators to define and shape the thriving crypto ecosystem."
BlockBeats previously reported that the Securities and Exchange Commission (SEC) is investigating whether some of Yuga Labs' NFTS are more stock-like and whether Ape Coin violates federal law.