Bieber, Madonna Named in Lawsuit Alleging Yuga Labs NFT 'Scheme'

A number of celebrities, including Justin Bieber, Paris Hilton, Jimmy Fallon and Madonna, were named as plaintiffs in a class-action lawsuit, alleging that Yuga Labs' non-fungible token (NFT) collections were "misleadingly promoted" and resulted in financial damage to the defendants. "The Hash" panel discusses the implications of celebrity endorsements in the crypto space.