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Curry sued by investor for promoting BAYC

December 13, 2022
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NBA Golden State Warriors star Stephen Curry is facing a new crypto lawsuit for promoting the NFT series Bored Ape Yacht Club.

It is reported that two investors who purchased ApeCoin sued Yuga Labs, the parent company of the Boring Ape BAYC NFT series, as well as company executives, board members, Stephen Curry, Madonna, Paris Hilton, Serena Williams, Justin Bieber, Jimmy Fallon and many other celebrities.

It is reported that since FTX Ventures is an investor in Yuga Labs, Amy Wu, a member of the Ape DAO board of directors, used her relationship on the cryptocurrency trading platform FTX to recruit Stephen Curry to promote the sale of BAYC. None of these so-called “celebrity endorsements” “Disclosure of Relevant Potential Financial Interests and Relationships”.

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