Taking the “Fun” Out of Non-Fungible Tokens: Could Securities Laws Apply to NFTs?
LexBlog IP
APRIL 1, 2022
As many know by now, non-fungible tokens (“NFTs”) are unique units of data stored on a blockchain that have become an increasingly popular way to buy and sell artwork (as well as all kinds of other things). The phrase “investment contract” is not defined in the Securities Act. Howey Co. ,
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