Sotheby’s Dismisses BAYC Lawsuit as ‘Groundless’
Auction house Sotheby’s has responded to allegations made by investors in Bored Ape Yacht Club (BAYC), dismissing the lawsuit as opportunistic and without merit. The lawsuit, which includes a class action suit against Yuga Labs, the creators of BAYC, named Sotheby’s as a defendant. In response to the claims, Sotheby’s stated that it will vigorously…

