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Kevin Hart, Jimmy Fallon and Madonna named in class action lawsuit alleging fraud 'scheme' with Bored Ape Yacht Club NFT

Kevin Hart, Jimmy Fallon and Madonna named in class action lawsuit alleging fraud ‘scheme’ with Bored Ape Yacht Club NFT

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A class action lawsuit alleges that stakeholders of Yuga Labs, the parent company of the NFT series Bored Ape Yacht Club and its affiliated digital products, engaged in a conspiracy with celebrities to defraud potential investors. In the lawsuit, filed Dec. 8 in federal district court in Los Angeles, Yuga’s partners — including veteran music …

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Kevin Hart, Gwyneth Paltrow, Madonna, Jimmy Fallon and others handcuffed with “insidious” NFT endorsement suit; Manager Guy Oseary and Universal TV also named as defendants

Kevin Hart, Gwyneth Paltrow, Madonna, Jimmy Fallon and others handcuffed with “insidious” NFT endorsement suit; Manager Guy Oseary and Universal TV also named as defendants

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Seems like a good old fashionable celebrity endorsement just got a little tougher when it comes to the digital market these days. Less than a month after Larry David, Tom Brady Gisele Bundchen and Stephen Curry were sued for bringing their high-paying star power to the launch of now-collapsed cryptocurrency firm FTX, a new class …

Kevin Hart, Gwyneth Paltrow, Madonna, Jimmy Fallon and others handcuffed with “insidious” NFT endorsement suit; Manager Guy Oseary and Universal TV also named as defendants Read More »