Dapper Settlement Offers Rules Of The Road For NFT Issuers

By Eden Rohrer, Andrew Hinkes and Joshua Durham (July 9, 2024, 5:40 PM EDT) — On June 3, Dapper Labs agreed[1] to settle a putative class action brought by private plaintiffs, subject to court approval in the U.S. District Court for the Southern District of New York, putting to rest allegations[2] that its NBA-endorsed non-fungible tokens were offered and sold as unregistered investment contract securities….

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