Securities class action filed v. DraftKings, adding to mounting cases + risk for NFTs and NFT marketplaces

Yesterday, a proposed class action was filed against DraftKings for its sport-related NFTs sold on its marketplace. The case adds to the mounting litigation over NFTs, platform tokens and staking, and cryptocurrency. Although there hasn’t been a final decision in any of these cases, the signs are ominous.

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Link to Tiger Woods’ first sale of NFTs via Autograph and Draftkings

In July, Tiger Woods announced that he’s become an advisor to Autograph, co-founded by Tom Brady. Yesterday, the sale of his first collection of 10,000 NFTs started. The first batch of NFTs sold out yesterday. Another batch drops on Thursday, Sept. 23. It looks like the same image of Tiger in different colors, with variations…

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