Oh, the grand spectacle at the court in sunny California! A dashing federal judge, with an air of superiority, has quite explosively dismissed the lawsuit brought forth by certain overzealous investors against the noble Yuga Labs. 🎩
The irrefutable conclusion reached by the sagacious magistrate? Bored Ape Yacht Club’s NFTs alongside ApeCoin do not deign to be counted amongst securities! The venerable Howey test was summoned and, alas, the plaintiffs stumbled in their attempt to satisfy it.
Thus, the court declared with all the grace of a potemkin dancer, that BAYC NFTs are nought but digital collectibles, an emblem of community access and membership perks, rather than a contraption for those hunting for lucre. 🐒💰
My dear folks, it appears that in this digital bazaar, to collect is to enjoy, and to invest is-perhaps-to dream. So we applaud the judge! Bravo! Encore! 🙌🎉
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2025-10-04 09:24