• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Anonymous Group Accuses Yuga Labs and BAYC NFTs

Anonymous Group Accuses Yuga Labs and BAYC NFTs

user avatar

by Alexandra Smirnova

3 years ago


The most popular NFT project, Bored Apes Yacht Club powered by Yuga Labs, has been under scrutiny from the hacktivist group Anonymous for what the group claims is the use of racist, fascist, and even pedophilia-related symbolism in their digital artwork.

According to the organization, BAYC NFTs “are infected with not one or two but with dozens of examples of esoteric symbolism and dog whistles reflecting nazism, racism, simianization, and paedophilia support.”

Multiple Degree of Allegations

The statement claims that the group felt it necessary to consider “before publicly citing our take on the allegations” by reviewing extensive documentation and speaking with many key players.

This proves “beyond a shadow of a doubt” that the BAYC and Yuga Labs were responsible for the concealment of these mysterious signs as per the organization.  Furthermore, it said that individuals who dismiss its claims as “conspiracy theory” are “simply ignorant,” “not versed,” or “at a financial conflict of interest.”

In the video, Anonymous makes reference to holders, investors, partners, and prominent fans of BAYC and Yuga Labs.

Throughout the remainder of 2022 and into 2023, Anonymous has pledged to deploy a team “whose sole job will be to bring awareness to the findings and questions about the Bored Ape Yacht Club NFT collection.”

Andreessen Horowitz, Mark Cuban, Neymar Junior, Kevin Hart, Shaquille O’Neal, and other celebrities, as well as major corporations including Lion Tree, Adidas, Tiffany & Co., and others, were targeted for investment.

According to a Medium article published by Yuga Labs co-founder Greg Solano in June, the firm was falsely accused of employing “super-secret Nazis” since its members included Jews, Turks, Pakistanis, and Cubans.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other articles

Gem Fighter Explained: How This Web3 Shooter Combines Skill, NFTs, and Crypto Rewards

chest

A detailed overview of Gem Fighter, a Play-to-Earn blockchain shooter with NFTs and the HODL token. Learn about gameplay, economy, rewards, risks, and future potential.

user avatarElena Ryabokon

Somate — A Web3 Ecosystem for Creators, AI Content, and Decentralized Monetization

chest

An in-depth overview of Somate, a Web3 platform for creators and AI content. Learn about the SOMT token, tokenomics, use cases, risks, and project outlook.

user avatarElena Ryabokon

Spur Protocol: In-Depth Overview of the Web3 Blockchain Ecosystem

chest

A detailed overview of Spur Protocol, a Web3 blockchain project with education, gamification, and the SPUR token. Learn about its ecosystem, tokenomics, use cases, and outlook.

user avatarElena Ryabokon

Fortuva Explained: How This Accessible GameFi Project Works

chest

An in-depth overview of Fortuva, a GameFi blockchain game focused on accessibility, sustainable in-game economy, NFT assets, and long-term player engagement.

user avatarElena Ryabokon

Ethereum Name Service (ENS): How Web3 Domains and Digital Identity Work

chest

An in-depth overview of Ethereum Name Service, a decentralized Web3 domain protocol covering architecture, ENS token governance, use cases, and future development.

user avatarElena Ryabokon

Render Network Explained: How Decentralized GPU Rendering Works

chest

In-depth overview of Render Network, a blockchain protocol for decentralized GPU computing, rendering, metaverse applications, and AI workloads. Architecture, RNDR token, and future outlook.

user avatarElena Ryabokon

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.