Description
Class action suit against DraftKings, for allegedly selling the DraftKings NFTs as unregistered securities.
Legal Significance
The "guaranteed scarcity" of certain NFTs can be reasonably interpreted as fostering an expectation of profit.
Issues
Status
Motion to Dismiss
Case No.
1:23-cv-10524
Date Filed
March 9, 2023
Plaintiff
Justin Dufoe
Defendant
DraftKings Inc.Jason D. RobinsJason K. ParkMatthew Kalish
Court
USDC District of Massachusetts
Plaintiff Counsel
Fata Law LLCHannafan & Hannafan LTDKirby Mcinerney LLPBerman Tabacco
Defendant Counsel
Wilmer Cutler Pickering Hale & Dorr LLPSullivan & Cromwell LLP
Major Filings
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