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DraftKings kills NFT business, citing ‘legal developments’

July 31, 2024 by DIGIT

It comes four weeks after a federal judge found DraftKings NFTs fell “within the meaning” of the Securities Act and Exchange Act and thus could be securities. Go to Source

Categories Class-Action, Dapper Labs, draftkings, Howey Test, Lawsuit, NBA Top Shot NFTs, NFT marketplace, Reignmaker, Security


Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$70,890.005.42%
  • ethereumEthereum(ETH)$2,066.784.60%
  • tetherTether(USDT)$1.000.16%
  • rippleXRP(XRP)$1.5119.34%
  • binancecoinBNB(BNB)$665.080.53%
  • usd-coinUSDC(USDC)$1.000.02%
  • solanaSolana(SOL)$87.654.44%
  • tronTRON(TRX)$0.273415-1.27%
  • dogecoinDogecoin(DOGE)$0.1004138.14%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.033.25%
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  • bitcoinBitcoin(BTC)$70,890.005.42%
  • ethereumEthereum(ETH)$2,066.784.60%
  • tetherTether(USDT)$1.000.16%
  • rippleXRP(XRP)$1.5119.34%
  • binancecoinBNB(BNB)$665.080.53%
  • usd-coinUSDC(USDC)$1.000.02%
  • solanaSolana(SOL)$87.654.44%
  • tronTRON(TRX)$0.273415-1.27%
  • dogecoinDogecoin(DOGE)$0.1004138.14%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.033.25%