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DraftKings Settles NFT Class Action for $10M
- DraftKings has agreed to pay $10 million to settle a class action lawsuit that accused the company of violating Federal Securities Law.
- The lawsuit alleged that DraftKings sold unregistered NFTs on its marketplace.
- The settlement compensates affected users, covering legal and settlement costs.
- The closure of DraftKings' marketplace and the transfer of NFTs to self-custody wallets were part of the resolution.
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