On May 12, 2021, a Class Action Complaint was filed against Dapper Labs, Inc. and Roham Gharegozlou in the State of New York. The Complaint alleges that the defendants, who are behind the popular non-fungible token (NFT) platform NBA Top Shot, have violated The Securities Act of 1993 and wrongfully prevented users from withdrawing their […]
Tag: NFT law
Have you heard the acronym NFT, but do not understand what it means? It stands for non-fungible token. NFTs are unique, they cannot be exchanged with other NFTs, and they are publicly identifiable on the blockchain. We have been asked by many current and potential clients about how NFTs can be used in business, whether […]