Investors Sue Celebrities Over Crypto Deal Gone Sour
Posted on 08/17/2023
So called “Bored Ape Yacht Club” tokens sold for US$ 400,000 each at auction, but now fetch only US$ 52,000. Celebrities, including socialite Paris Hilton, promoted the crypto assets, allegedly without revealing they were paid to endorse them. Investors claim they were led to believe there was popular demand for the tokens from Yuga Labs,…
