DraftKings NFTs Securities Trial Advances As Judge Rejects Motion To Dismiss Lawsuit

A US Judge has rejected DraftKings’ motion to dismiss the class action lawsuit filed by the company’s Non-Fungible Token (NFT) buyers. The lawsuit accuses DraftKings, its CEO, CFO, and president of allegedly violating federal securities laws with its NFTs. Related Reading: New Crypto Regulation: Firms In Hawaii Now Exempt From MT License Requirement DraftKings Accused

Source: Bitcoinist