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Jimmy Fallon, Madonna, Serena Williams, and other celebs hit with class action lawsuit claiming they conspired to promote Bored Ape NFTs at inflated prices while taking hidden payoffs

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Photo by: Todd Owyoung/NBC via Getty Images

A class action lawsuit filed Thursday accuses a host of celebrities of promoting Bored Ape Yacht Club (BAYC) non-fungible tokens at artificially increased prices without disclosing their financial stakes or personal interests, thereby misleading investors and violating both state and federal laws.

The suit details how celebrity promoters, allegedly engaged in "unlawful, unfair, and deceptive practices," played a significant and lucrative role in a conspiracy engineered by Hollywood elites.

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