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NFT · Los AngelesThe post US Judge Rules Bored Ape NFTs Not Securities appeared on BitcoinEthereumNews.com. Key Points: US court rules Bored Ape NFTs as digital collectibles. Sets a precedent for NFT legal classification. No immediate financial impact reported after ruling. A U.S. judge in California dismissed a lawsuit on October 4, 2023, against Yuga Labs, ruling its NFTs do not constitute securities under the Howey test. The ruling clarifies the legal classif…See the Story