Cryptocurrency Q&A
What is the MoonPay controversy?
What is the MoonPay controversy?
Leonardo
Fri Mar 29 2024
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7 answers
1598
I've heard a lot about MoonPay recently, but I'm not entirely sure what the controversy is about. Could you please explain it to me?
7 answers
BlockchainWizardGuard
Sun Mar 31 2024
MoonPay, the crypto payments company used by the celebrities to acquire the Bored Apes, is also named as a defendant in the lawsuit.
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CryptoLodestarGuard
Sun Mar 31 2024
The lawsuit alleges that MoonPay knew about the scheme and participated in it, facilitating the purchase of the NFTs by the celebrities.
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Alessandra
Sun Mar 31 2024
A class action lawsuit was filed in December against Hilton, Fallon, and other celebrities, alleging that they conspired in a vast scheme.
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Valentina
Sun Mar 31 2024
Yuga Labs, the company that created the Bored Apes, is another defendant in the lawsuit. It is accused of knowing about the scheme and failing to disclose it to investors.
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Giulia
Sun Mar 31 2024
The lawsuit alleges that the celebrities artificially inflated the price of Bored Ape NFTs, a popular digital asset, in order to enrich themselves.
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