Blockchain Association Lawyer Says US Courts Shouldn’t Rule Private NFTs Securities

Blockchain Association Lawyer Says US Courts Shouldn’t Rule Private NFTs Securities
The chief lawyer of the Blockchain Association stated that “it would be absurd” for a United States court to rule that digital assets on private blockchains are securities, after a federal judge’s decision to allow a lawsuit against Dapper Labs’ NBA Top Shots NFTs to proceed. U.S. attorney Jake Chervinsky made the comment after federal judge Victor Marreo denied a motion to dismiss a 2021 lawsuit in which Dapper Labs was accused of selling nonfungible tokens (NFTs) as unregistered securities. The Lawyer Doesn’t Think Any Decision Has Been Made On The NFTs On Twitter, a number of lawyers, including Chervinsky, The post Blockchain Association Lawyer Says US Courts Shouldn’t Rule Private NFTs Securities appeared first on Cryptoknowmics-Crypto News and Media Platform . For Further Information Click on Below Button
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