Celebrities that promoted Bored Ape NFTs are now facing a class action lawsuit

An illustration of a Bored Ape at the center of a vortex pulling in Meebits and CryptoPunks.
Yuga Labs may have landed the Bored Ape Yacht Club in hot water. | Illustration by Alex Castro / The Verge

On Thursday, December 8th, Scott+Scott Attorneys at Law LLP filed a class action complaint on behalf of plaintiffs Adam Titcher and Adonis Real with the United States District Court, Central District of California Western Division. The complaint targets the company Yuga Labs Inc., most famously known for its Bored Ape Yacht Club NFT collection. However, other defendants include a long list of celebrities deemed responsible for unrealistically hyping up the value of Yuga Labs’ intangible goods.

A report by Deadline also pointed out that some of the defendants cited in the class action include Justin Bieber, Paris Hilton, Madonna, Jimmy Fallon, and Kevin Hart, among others.

Some of the specific charges include violations of unfair...

Continue reading…



from The Verge - All Posts https://ift.tt/gXN2ti6

SUBSCRIBE TO OUR NEWSLETTER

“Work hard in silence, let your success be your noise"

0 Response to "Celebrities that promoted Bored Ape NFTs are now facing a class action lawsuit"

Post a Comment

ad

Search Your Job