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Four States Take Enforcement Actions Against Virtual Casino for Allegedly Offering NFTs That Were Securities | Skadden, Arps, Slate, Meagher & Flom LLP

State securities regulators in Alabama, Kentucky, New Jersey and Texas filed coordinated enforcement actions on October 20, 2022, against Slotie NFT d/b/a slotie.com requiring the. ....

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US regulators crack down on Slotie metaverse casino

Slotie allegedly sold over 10,000 NFTs to investors, claiming this entitles them to a share of the profits, despite not registering these NFTs as securities. ....

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