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Taking the “Fun” Out of Non-Fungible Tokens: Could Securities Laws Apply to NFTs?

LexBlog IP

The SEC has aggressively sought to enforce the federal securities laws against issuers of other digital assets, [2] but it has not yet initiated an enforcement action against the creator of an NFT or the operator of a platform that facilitates the offer and sale of NFTs. Ripple Labs, Inc. Dapper Labs, Inc., 20-cv-10832, ECF No.