Scott+scott law firm plans to file a class action against Yuga labs, or will confirm whether NFT is a securities product

Scott+Scott Law firms are currently organizing for Yuga Labs The class action . The lawsuit will charge Yuga Mistakenly Bored Ape NFT and ApeCoin（ Its native Ethereum token ） Promoted as a securities product with guaranteed return , But the value of these tokens has plummeted in the past three months . The plaintiff in this case has not filed a formal complaint with the federal court .Scott+Scott Still looking at 4 Month to 6 During the month, due to purchase Yuga Supported by NFT And the plaintiff who suffered losses from tokens , The law firm did not immediately respond to a request for comment on the matter . It is reported that , The key of this case is whether the court decides NFT Of securities , Similar to the company's shares that can appreciate . If the court finds BAYC NFT And its original token Apecoin It's securities , That means Yuga Labs May fail to fulfill the necessary disclosure and registration obligations related to the issuance of securities .（Decrypt）