litigation
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DraftKings’ NFT Series Faces Litigation for Alleged Unregistered Securities
According to reports, according to NFTgators’ disclosure on social media, DraftKings is facing litigation for allegedly selling unregistered securities and operating unregistered stock exchanges in the form of NFT. Draftkins, a digital sports entertainment and game company, has launched the Primetime NFT series “2022 College Hoops Collection”. The NFT series will be launched during the college basketball national championship in March. The company has also reached a cooperation with the NFT company Metabilia to launch some NFTs based on the youngest players of the Major League Baseball (MLB). DraftKings faces litigation for allegedly selling unregistered securities and operating unregistered stock exchanges in the form of NFT Analysis based on this information:DraftKings, a digital sports entertainment and game company, is facing a potential legal issue for allegedly selling unregistered securities and operating unregistered stock exchanges in the form of NFTs. This came after the disclosure of NFTgators on social media. The disclosure has yet to be verified, but if the allegations…
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Potential Impact of SEC Lawsuit Against Paxos on Stable Currency Market
On February 20, it was reported that if the United States Securities and Exchange Commission formally filed a lawsuit against Paxos, it would have a significan…