US judge denies motion to dismiss class action lawsuit against DraftKings
A US judge in Massachusetts has rejected DraftKings' request to dismiss a class action lawsuit brought by NFT buyers. The lawsuit claims that these tokens are investment contracts and lays the groundwork for future court battles over whether NFTs are securities. DraftKings offers sports-themed NFTs on its marketplace through the Polygon blockchain.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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