Scott & Scott law firm is preparing to file a criminal complaint against Yuga Labs, the founder of the Bored Ape Yacht Club (BAYC) collection, for allegedly cheating investors with promises of high returns.
Scott & Scott law firm on 21st July In an announcement released by Yuga Labs, Bored Ape Yacht Club NFTs and APE coin’s prices with the promise of high profits clearly inflated and investors manipulate claimed they did. The Bureau believes that NFTs are worth millions of dollars. with fraudulent sold and APE coin April 28, 2022 that the price was artificially inflated until the 87% with coins traded below of investors claimed to have been abandoned.
Law office claims in its announcement april 2022 with june 2022 Investors who have suffered losses by purchasing Yuga Labs NFTs or APE coins between contact Scott&Scott He recommended.
Scott & Scott’s allegations aroused reaction on social media. Users of Scott & Scott don’t judge while some users claim for law firm ‘typical Karen’ made an analogy.
Kevin Wu, one of the famous Bored Ape Yacht Club investors, about the criminal complaint on social media made the following comment:
A criminal complaint has been filed against Yuga Labs for falsely promoting investors. Extremely silly. People need to take responsibility for their own actions.
Another NFT investor took NFT and APE from the top of the complainants ‘the crazy’ describing it as Brian Another user named drew attention to a very different detail. Brian’s post:
Ironically, Yuga Labs never created its own coin. Apecoin DAO created APE and over time Yuga Labs adopted this coin.
said.
If a lawsuit is filed after the criminal complaint, Scott & Scott’s Yuga Labs and the phenomenon’s paid advertisements are one of them. not advertised as find evidence of will need.