SEC cracking down on BAYC
from Creators of Web3 Hosted by Eric Siu and Wil Lee
The Securities and Exchange Commission (SEC) has been investigating Bored Ape Yacht Club’s (BAYC) parent company, Yuga Labs. Their crackdown is focusing on potential securities violations for the sale of Bored Ape NFTs as well as ApeCoin tokens. Tune in as we discuss the latest developments in this story, and what the outcomes mean for other NFT products! TIME-STAMPED SHOW NOTES: [00:00] Introducing today’s topic: SEC cracking down on BAYC. [00:19] Will’s thoughts on the SEC’s interrogation of BAYC. [00:31] What other NFT producers can learn from this story? [01:01] Why regulations are important for guiding the NFT industry. [01:48] That’s it for today! Don’t forget to rate, review, and subscribe to this podcast! Tweetables: “I'm definitely following along with this and see how it transpires very closely because that would dictate how we're building our project.” — @wilxlee [0:00:33] “Regulation is what matters. People need guidance on this stuff, especially if you want institutional money.” — @ericosiu [0:01:02] Links Mentioned in Today’s Episode: Bored Ape Yacht Club Yuga Labs Wilson Lee on Twitter Wilson Lee on Instagram Eric Siu on Twitter Eric Siu on Instagram The Littles Leveling Up Leveling Up Heroes Growth Everywhere Single Grain
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