Class-Action Lawsuit Accusing Digital Basketball Cards of Being Securities Allowed to Proceed

NBA Top Shot from Dapper Labs is the latest digital asset to face security scrutiny.

February 24, 2023

On today’s episode, NLW covers the ruling of a federal judge in New York allowing a class-action lawsuit to proceed against Dapper Labs for allegedly offering unregistered securities. He also covers a new slate of charges against Sam Bankman-Fried, disgraced founder of FTX.

“The Breakdown” is written, produced and narrated by Nathaniel Whittemore aka NLW, with editing by Michele Musso and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Image credit: Westend61/Getty Images, modified by CoinDesk.

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