Tag: NFTs
DraftKings Ends NFT Lawsuit with $10M Settlement, Eyes Crypto Future
Sports betting giant DraftKings has agreed to a $10 million settlement to resolve a class action lawsuit alleging that its non-fungible tokens (NFTs) were unregistered securities. The lawsuit, filed in March 2023,
Jason Robins Says DraftKings Will Consider Crypto If More States Approve
Jason Robins, DraftKings’s Chief Executive Officer, has admitted that the company is open to accepting cryptocurrency as a form of payment in the future. During the company’s fourth-quarter earnings call, Robins
Texas regulators order virtual casino to stop selling NFTs
A virtual, Cyprus-registered casino, Sand Vegas Casino Club, faced an emergency cease and desist order from Texas and Alabama state securities regulators. The company is ordered to “stop a fraudulent investment scheme