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TechFlow news, on March 4, Yuga Labs posted on the X platform stating: "After more than three years of investigation, the U.S. Securities and Exchange Commission (SEC) has officially closed its inquiry into Yuga Labs. This is a huge win for the NFT space and for all creators advancing our ecosystem. NFTs are not securities."
Yuga Labs posted on X: "After more than three years of investigation, the U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into Yuga Labs. This is a major victory for the NFT space and for all creators driving our ecosystem forward. NFTs are not securities."
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