Federal judge Victor Marreo reviewed the Howey Test, which determines whether the NFTs qualified as an investment contract subject to U.S. securities laws. Upon denying the motion, the court authorized the case to proceed.
Dapper Lab's NBA Top Shot Moments qualify as a security, says U.S. judge
Comment
Recommend Reading
2023-02-23FTC announces investigation into Voyager's 'deceptive and unfair marketing' of crypto
US lawmaker introduces bill aimed at limiting Fed's authority on digital dollar
Breakdancing medic’s NFT auctioned at Sotheby’s — Grant Yun, NFT creator
BIS head claims fiat won battle with crypto, Bitcoin community disagrees
US crypto regulation happening ‘behind closed doors’ – Blockchain Association CEO
SBF lawyers to pay for technical expert to aid judge on bail terms
