DraftKings Agrees to Settle NFT Class Action Suit for $10M
DraftKings has agreed to settle a class action lawsuit which alleged it violated Federal Securities Law when it sold NFTs on its marketplace, according to a Federal court filing
Original source
Read on DecryptRelated market context
CFTC Sues New Mexico to Block State Gaming Laws From Reaching Federally Regulated Prediction Markets
The Commodity Futures Trading Commission filed suit Thursday in federal court against New Mexico, seeking to prevent the state fro...
CFTC sues New Mexico over federal jurisdiction infringement
The CFTC's legal actions could centralize prediction market regulation, impacting state autonomy and setting a precedent for feder...
Iran says US agreed to uranium dilution plan as crypto becomes key sanctions workaround
The potential easing of sanctions on Iran could redefine the role of cryptocurrencies in global finance, impacting geopolitical an...
Japan Three Biggest Banks Unite to Launch Yen Crypto Stablecoin by March 2027
MUFG Bank, Mizuho Bank, and Sumitomo Mitsui Banking Corporation have established a formal joint council to develop and co-issue a...
Elon Musk SpaceX AI Predicts Incredible Bitcoin Price For Next 30 Days
Here is the thing about capitulation calls. They only sound smart in hindsight. Right now, with Bitcoin price scraping along the l...
SEC Plan to Scrap Rule 611 Could Be the Biggest Regulatory Unlock Yet for Crypto Tokenized US Stocks
The SEC just removed the single biggest legal obstacle standing between Crypto DeFi and US equity markets. On June 11, the agency...