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A federal judge ruled on Wednesday that offering “Top Shot” non-fungible tokens with NBA branding by Dapper Labs may constitute the sale of securities. A class-action complaint against Dapper Labs and its CEO, Roham Gharegozlu, was filed in New York 18 months before the motion to dismiss ruling. By offering a non-fungible token (NFT) collection […]
Judge Rules Dapper Labs’ NBA ‘Top Shot Moments’ NFTs May Qualify As Securities