Dapper Labs Settles $4 Million Class-Action Lawsuit Over NBA Top Shot NFTs
Dapper Labs has agreed to a $4 million settlement to end a class-action lawsuit, which, according to CEO Roham Gharegozlou, confirms that NBA Top Shot nonfungible tokens (NFTs) are not securities. The settlement, filed on June 3 in the New York District Court, concludes a lawsuit initiated in 2021 by ...