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Shutting Down Crypto Casinos Like Playing Whack-A-Mole

Alabama and Texas regulators shut down a Cyprus-based company that’s been hawking NFTs. It was doing so to operate crypto casinos. ....

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Think an NFT is not a security? Don't bet on it. Three lessons from the Texas and Alabama cease and desist order of Sand Vegas Casino Club | Thompson Coburn LLP

Recently, the Texas State Securities Board and the Alabama Securities Commission each issued emergency cease and desist orders to stop Sand Vegas Casino Club and its principals from. ....

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Company's NFT gamble goes bust | Eversheds Sutherland (US) LLP

On April 13, 2022, the Texas State Securities Board and Alabama Securities Commission issued separate emergency cease and desist orders (C&Ds) against Sand Vegas Casino Club and its two. ....

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Texas, Alabama Regulators Order Halt to Virtual Casino NFT Sales, Alleging They Constituted an Offering of Securities and Misled Buyers | Skadden, Arps, Slate, Meagher & Flom LLP

In the non-fungible tokens (NFT) space, many have focused their attention on how the Securities and Exchange Commission (SEC) may view these digital assets. However, state laws are. ....

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First Mover Asia: The Metaverse is subject to earth's boring old rules

GameFi adoption has been hitting obstacles worldwide, including China and Korea, because of laws about converting in-game tokens to currency. Good mor ....

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