Dapper Lab’s NBA Top Shot Moments may qualify as a security, says US judge
Federal judge Victor Marreo has ruled that under the Howey test, the NFTs offered by Dapper Labs constituted “investment contracts” — but that doesn’t mean that all NFTs are.
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Federal judge Victor Marreo has ruled that under the Howey test, the NFTs offered by Dapper Labs constituted “investment contracts” — but that doesn’t mean that all NFTs are.
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This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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