• 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

What Is Ostium Labs? Overview of the Web3 Protocol for RWA and Derivatives Trading

chest

A detailed overview of Ostium Labs, a Web3 protocol for on-chain trading of real-world assets. Architecture, features, economic model, risks, and future outlook.

user avatarElena Ryabokon

What Is Parsec? Overview of the Web3 Platform for On-Chain and DeFi Analysis

chest

A detailed overview of Parsec, a Web3 platform for real-time on-chain analytics. Features, architecture, use cases, advantages, and future development.

user avatarElena Ryabokon

What Is Membrane Labs? Overview of the DeFi Protocol, Architecture, and Economic Model

chest

A detailed overview of Membrane Labs, a Web3 DeFi protocol. Architecture, economic model, stablecoins, collateral mechanisms, risks, and future development.

user avatarElena Ryabokon

What Is TonHashers? How the TON-Based Blockchain Game Works in Telegram

chest

A detailed overview of TonHashers, a blockchain game on Telegram built on TON. Gameplay mechanics, in-game economy, assets, risks, and future development prospects.

user avatarElena Ryabokon

Night Crows Explained: How a AAA-Style MMORPG Integrates Blockchain and Web3

chest

An in-depth overview of Night Crows, a blockchain MMORPG built on Unreal Engine 5, featuring massive PvP battles, a global economy, and Web3 integration.

user avatarElena Ryabokon

Neos Metaverse is a digital space for collaborative creativity

chest

In the digital age, Neos Metaverse offers an innovative approach to virtual interaction. This project creates an interactive ecosystem where users come together for real-time creativity and communication.

user avatarMax Nevskyi

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.