The NFT space is rapidly changing and as the landscape shifts so too does the focus of regulators looking to identify illicit and harmful behavior. Recently, DraftKings reached a $10 million settlement regarding its NFT offerings, raising important questions about the classification of NFTs and their potential treatment as securities....
Online sports book DraftKings has settled a class-action lawsuit over its Reignmakers NFTs for $10 million. In March 2023, representative plaintiff Justin Dufoe filed suit. He claimed that these NFTs warrant the status of investment contracts under U.S. securities law. On February 28, 2025, the settlement was granted preliminary approval....
Now that the digital dust has settled on DraftKings’ $10 million settlement… That’s particularly the case with their Reignmakers NFT platform, which is at the center of this decision. The class-action lawsuit alleged DraftKings was offering unregistered securities. To the surprise of many, a federal judge expressly ruled that these...
Imagine this: a bright-eyed college student, let's call him Alex, scrolling through Twitter, sees the hype around DraftKings' Reignmakers NFTs. He's a sports fan, tech-savvy, and figures, "Why not? It's a fun way to maybe make some extra cash." He loads up a few hundred bucks into these dorky looking...
Ripple and the SEC have jointly asked to stay their appeal process. This action would be a major victory for them, potentially the final victory in their long legal struggle. The joint request, filed April 10, asks the court to hold all proceedings on the appeal in abeyance. This surprising...
Today, the SEC announced it is voluntarily dismissing its case against Helium (HNT). This change is tremendously encouraging and refreshing in this suffocating regulatory climate for the crypto space. Sure, they reached a $200,000 settlement, but with no admission of guilt. This doesn’t replace or excuse their wrongdoing, but it...
The world of NFTs is full of surprises and twists. Right after you think you’ve seen the last big twist, here comes another one. This time around, the focus is on one of the most hyped NFT projects in the space — DeGods. As many know, Rohun Vora, more famously...
On Monday, Rohun Vora announced his resignation as chief executive, bringing an end to his three-year tenure. He’s the founder behind the DeGods NFT collection. Vora shared news of his exit on X, saying that his tenure as the CEO of DeGods is finished, the overall DeGods story is not....
Rohun Vora’s resignation as CEO of DeGods sent shockwaves through the NFT community and world—sparking intense discussion and speculation with its announcement. A surge in sales followed, a counterintuitive reaction that begs the question: are we witnessing a strategic masterstroke or a potential unraveling? As someone who's seen enough market...
Rohun Vora is out as DeGods CEO. Sales are up. Everyone's talking about decentralization. Hold on before you pull out the party hats for this new Web3 revolution—let’s pump the brakes. Is this really about empowering the community, or is this just another power play in disguise?Decentralization Theater Or Real...
The DOOD token's launch wasn't just a blip. It's a blaring siren for crypto's real problem: wealth inequality. From a distance, you can watch the hype, the million-dollar market cap dreams, and then bam, the rug pull in slow motion. DOOD’s drop is not a surprising one-off. It’s the canary...
When the DOOD token launched, there was quite a bit of excitement. As the brainchild of the world-famous Doodles NFT collection, it rocked the already raucous NFT world. A minimum of a $100 million market cap from day one? It reeked of excitement, it whistled of hype, and quite honestly,...
Its introduction of a native token, $DOOD, on May 9, 2025, was well-publicized. That optimism soon soured as the new token plummeted over 99% in value. Token ATH! will analyze what went down, and most importantly, why it went down. We’ll dive into what this means for the future of...
The cryptocurrency market is frequently described as volatile, but the recent market movements have made those characterizations almost an understatement. One of the biggest big news is XRP’s recent pump. Not only has ETH performed better than most of its counterparts during the crypto bear market, it recently overtook crypto...