Powers On Why the fear of ICO enforcement and liability is coming to an end cointelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cointelegraph.com Daily Mail and Mail on Sunday newspapers.
Not Your Standard Orange Grove: Non-Fungible Tokens & Securities Laws | King & Spalding jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
Our previous article considered the technology behind cryptocurrency. This article will focus on the legal framework governing the industry. The cryptocurrency market is subject to a.
Legal Analysis: NFT Lawsuit Alleges Sale of NBA Top Shot Moments by Dapper Labs Violates Securities Laws
A newly filed lawsuit alleges that the sale of
NBA Top Shot “Moments” is in violation of the federal
Securities Act of 1933, which is a law that aims to ensure investor protection when acquiring publicly-traded securities.
Michael McCann and
Jacob Feldman from
Sporticonote that the Act intends to prevent fraudulent activities during the marketing of such securities.
Vancouver-headquartered Dapper Labs, a blockchain startup that has teamed up with NBA, and its Chief Executive,
Roham Gharegozlou, have been accused of marketing and selling unregistered securities. The firm has put forward its own set of defenses that it may present in any upcoming court filings.
What Will The Ripple Effect Be In The Crypto Space? forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.