Ryder Ripps and Pauly Hit Hard in Yuga Labs Lawsuit In a breaking development, individuals Ryder Ripps and Pauly have been ordered to pay substantial damages to Yuga Labs. The court has ruled that they must fork over more than $1.5 million to Yuga Labs. Adding salt to the wound, […]
The U.S. Securities and Exchange Commission (SEC) has recently charged Stoner Cats 2 LLC (SC2) for unregistered NFT (non-fungible token) offerings, setting a crucial precedent for future NFT initiatives. Here’s a breakdown of the event and its potential implications: What Happened? The SEC alleges that SC2 had carried out an […]
The SEC’s Stance on NFTs: A Deep Dive into the Impact Theory Case In a landmark decision, the U.S. Securities and Exchange Commission (SEC) has moved to crack down on what it perceives as irregularities in the crypto space. The target? Impact Theory, LLC, an LA-based media and entertainment entity, […]
Former Employee of NFT Marketplace Faces Prison Time for Groundbreaking Digital Asset Insider Trading
Insider Scheme Revealed as Ex-Product Manager Exploits Inside Information on Featured NFTs TLDR: Nathanial Chastain, a former product manager at OpenSea, has been sentenced to three months in prison for conducting insider trading with non-fungible tokens (NFTs). Chastain used his position to gain advanced knowledge of NFTs scheduled for OpenSea’s […]
In a commendable act of conflict resolution, Machi Big Brother, a notable figure in the NFT trading landscape, has officially declared the discontinuation of his defamation lawsuit against blockchain researcher, ZachXBT. “I am withdrawing my defamation suit against ZachXBT. Zach has many times in the past been of great service […]
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