Description
Hastings sues Nifty Gateway alleging that the NFT platform sold unregistered securities. This case was removed to arbitration.
Legal Significance
Do the NFTs sold by Nifty Gateway and Gemini Trust qualify as securities? Did the Defendants provide adequate disclosers to investors about the nature and risks of NFTs?
Issues
Status
Complaint Filed
Case No.
1:22-cv-10517
Date Filed
December 13, 2022
Plaintiff
John Hastings
Defendant
Nifty Gateway LLCGemini Trust Company LLC
Court
USDC Southern District of New York
Plaintiff Counsel
Herman Jones LLP
Defendant Counsel
Walden Macht Haran & Williams LLP
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