CNN released the "Bored Ape" BAYC in-depth investigative article "A Twisted Story of Celebrity Marketing, Black Box Trading and Racism Accusations", stating that on-chain data showed that MoonPay paid high prices for BAYC and then transferred these NFTs to so-called celebrities for free. wallet, celebrities will then "thank" MoonPay on social media, saying that they purchased BAYC through MoonPay for marketing purposes. Several former MoonPay employees said that many celebrities may not have actually paid to purchase BAYC because there is no on-chain evidence.