DraftKings Dumps NFT Business, Citing Legal Developments
The sports gambling company faces a class action lawsuit alleging its NFTs are securities.
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DraftKings
The sports gambling company faces a class action lawsuit alleging its NFTs are securities.
The class action suit from DraftKings buyers alleges that NFTs are investment contracts.
CoinDesk’s Danny Nelson reported that Polygon paid DraftKings to be on the network, a furtive deal that only misrepresents consumer choice.
Polygon quietly gave DraftKings’ validator preferential treatment while telling the public it was an “equal” member of the validator community.