DraftKings Ends NFT Business Citing ‘Legal Developments’

DraftKings Ends NFT Business Citing 'Legal Developments'

DraftKings shuts down its NFT business following legal issues and a court ruling on an unregistered securities lawsuit. DraftKings, a sports betting platform, has promptly discontinued its nonfungible token business as a result of recent “legal developments.” DraftKings’ motion to dismiss a class action lawsuit in which it was alleged that the NFTs it issued […]