Judge Throws Out Yuga Labs Lawsuit, Determines BAYC NFTs Are Not Securities
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 04 2025
0mins
Source: Yahoo Finance
Yuga Labs Lawsuit Dismissed: A federal judge ruled that Bored Ape Yacht Club (BAYC) NFTs and ApeCoin do not qualify as securities, establishing that they are digital collectibles rather than investment contracts, as they failed to meet the Howey Test criteria.
Nike and StockX Settlement: Nike and StockX settled their legal dispute over sneaker-linked NFTs, avoiding a jury trial and dismissing all claims, while Nike's web3 division plans to shut down operations by early 2025, leading to investor concerns over the value of digital assets.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
