According to the source, a U.S. court allegedly ruled that Bored Ape Yacht Club NFTs and ApeCoin (APE) are not securities, but this cannot be verified without a primary document. Please provide the court name, case number, and a link to the official order (e.g., PACER, CourtListener/RECAP, Justia, or an official statement from the court, Yuga Labs, or Ape Foundation). Once verified, we will deliver a trading-focused analysis on APE price drivers, potential NFT market repricing, and regulatory risk adjustments.