DraftKings, a well-known name in sports betting and fantasy sports, has reached a $10 million settlement regarding its NFT offerings. This announcement has sent shockwaves through the NFT community. In doing so, it has ignited a firestorm of debates as to what this means for NFT holders, the NFT market...
The DraftKings settlement. $10 million. Reignmakers NFTs. These words may seem like something out of a tech-y, Silicon Valley corner of the internet, but get prepped to be surprised. This is not only the death knell for digital sports cards, but a clear, flashing red light for the entire crypto...
DraftKings has reached a $10 million dollar settlement in a class-action lawsuit over its Reignmakers NFTs. Last month, a U.S. District Judge ruled that NFTs were indeed securities under the current law. Because of this, the settlement is an incredible win. This decision marks a significant moment in the ongoing...
