Dapper Lab's NBA Top Shot Moments qualify as a security, says U.S. judge

Dapper Lab's NBA Top Shot Moments qualify as a security, says U.S. judge

full version at cointelegraph

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.

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