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NY Class Action Filed Against Nike Over Alleged NFT ‘Rug Pull’ and Unregistered Securities

On April 25, purchasers of Nike non-fungible tokens (NFTs) filed a class action complaint in the US District Court for the Eastern District of New York against the sportswear giant alleging that the December 2024 shutdown of...more

DraftKings NFTs Class Action – An Attempted Dapper Labs Sequel?

On March 9, 2023, a putative class action was filed against DraftKings Inc. for alleged violations of federal securities laws in the US District Court for the District of Massachusetts. The class, if certified, will include...more

One Shining Moment – Basketball Trading Cards or Securities?

On February 22, 2023, the United States District Court for the Southern District of New York, in a 64-page opinion, denied a motion to dismiss filed by Dapper Labs, Inc., the developer behind the NBA Top Shot NFT platform,...more

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