Anonymous Group Accuses Yuga Labs and BAYC NFTs

Anonymous Group Accuses Yuga Labs and BAYC NFTs

user avatar

by Alexandra Smirnova

4 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.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other articles

Improbable Games Hub and Somnia UGC — Blockchain Games and Virtual World Infrastructure

chest

A detailed overview of Improbable Games Hub and Somnia UGC, covering Web3 gaming, on-chain worlds, user-generated content, MSquared, NFTs and Somnia blockchain infrastructure.

user avatarElena Ryabokon

Ethena sUSDe Explained: USDe Yield, Delta Hedging and DeFi Mechanics

chest

Explore Ethena sUSDe, how USDe staking generates yield, the role of delta hedging and funding rates, Reserve Fund mechanics, and the key risks of the protocol.

user avatarElena Ryabokon

SpherePay Explained: USDC, USDT and Blockchain Infrastructure for Global B2B Payments

chest

Explore SpherePay by Sphere Labs: B2B stablecoin payments, USDC and USDT settlements, cross-border transfers, APIs, on/off-ramps, Solana and SphereNet.

user avatarElena Ryabokon

Blast Royale Ranked Explained: Trophies, Blast Pass, NOOB and Immutable

chest

Explore Blast Royale Ranked Season, including ranked matches, Trophies, leaderboards, Blast Pass, NOOB token, NFTs and Immutable zkEVM infrastructure.

user avatarElena Ryabokon

BeraTone on Berachain — Farming, Gameplay, BeraToners NFTs and Web3 Economy

chest

Explore BeraTone, a cosy farming Web3 game on Berachain featuring farming, crafting, fishing, multiplayer, BeraToners NFTs and BERA integration.

user avatarElena Ryabokon

Arf Financial Review: How PayFi, USDC Liquidity and Global Settlements Work

chest

Explore Arf Financial, its PayFi liquidity model, USDC-based financing, Stellar infrastructure, cross-border settlements, Huma Finance integration, and key risks.

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.