OpenSea disables Bored Ape NFT amid legal case in Singapore

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OpenSea disables trading for a Bored Ape Yacht Club (BAYC) NFT on its platform amid an ongoing court case in Singapore.

Singapore High Court has ordered to block the sale of Bored Ape NFTs due to a loan disagreement.

bayc nft banned

The report says that a BAYC NFT was originally used as collateral for a loan and is now reportedly up for sale on NFT marketplace OpenSea.

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