According to BlockBeats, on March 4, Yuga Labs announced on its X account that the U.S. Securities and Exchange Commission (SEC) has officially concluded its investigation into the company, which lasted over three years. This development is seen as a significant victory for the NFT industry and creators contributing to the ecosystem, reinforcing the notion that NFTs are not considered securities.
SEC Concludes Investigation Into Yuga Labs, NFT Industry Sees Victory
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