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Cryptocurrencies: 29444
Markets: 111602
Market Cap: $2,217,016,970,451     
24h Vol: $70,183,504,707
cryptonews 2023-02-23 14:26:00

NFT Industry Faces Uncertainty as Federal Judge May Categorize NBA Top Shot Tokens as Securities – Regulation Incoming?

NFT Industry Faces Uncertainty as Federal Judge May Categorize NBA Top Shot Tokens as Securities – Regulation Incoming?
The popular NBA Top Shot NFT trading cards could be deemed securities for regulatory purposes in the US, after a judge allowed a lawsuit against Top Shot’s creator to move forward. Top Shot creator Dapper Labs was sued by a buyer of the NFTs who alleged that the creator’s failure to register them with the Securities and Exchange Commission (SEC) had harmed her and other buyers.... Read More: NFT Industry Faces Uncertainty as Federal Judge May Categorize NBA Top Shot Tokens as Securities – Regulation Incoming?
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