Numerous Accusations Are Made By Anonymous Towards Yuga Labs As Well As Its Bored Ape Yacht Club.

Yuga Labs
Yuga Labs

Collectively the net hackivists urged prominent public figures and well-known companies to speak out and take clear stance.

On Monday, the online hacker collective Anonymous published a video criticising the blockchain startup Yuga Labs and its NFT-powered community group, Bored Ape Yacht Club (BAYC).

Yuga Lab is accused by Unknown of using cryptic symbols in BAYC’s artwork, which as the organisation claims demonstrates the firm’s backing for a variety of contentious issues like Nazism, simianization, racism, and paedophilia.

The Bored Ape Yacht Club (BAYC) and Yuga Labs are accused of concealing these occult signs in clear sight, according to the hacktivist organisation, which the project and corporation both publicly contest. This accusation is made after extensive investigation and conversations with important individuals.

Yuga Labs And Their Bored Apes Yacht Club Suffering From Numerous Allegations Anonymously:

The group urged financial backers, collaborators, prominent figures like Mark Cuban, Andreessen Horowitz, Tom Brady, Dez Bryant, Neymar Junior, Ben Simmons, Drake Bell, Kevin Hart, and Shaquille O’Neal, as well as well-known brand names like Adidas, Lion Tree, and Tiffany & Co., about speaking out and making a public position against racism, Nazism,  simianization, and paedophilia.

Solano strongly asserted that the claims of racism levelled against his multicultural team were completely baseless.

On July 25, Cointelegraph published information on a potential class-action suit filed Yuga Labs was accused of “inappropriately inducing” the public to purchase Bored Ape Yacht Club NFTs as well as the project’s associated ApeCoin (APE). According to the planned class-action complaint, Yuga Labs “inflated the price” of a BAYC NFTs and also the APE token by using celebrity endorsers and promoters.

Yuga Labs was contacted by Cointelegraph, and yet no answer had been received by the time of publishing.