DraftKings Shutters NFT Marketplace Amid Legal Headaches

While the company did not specify the nature of the legal developments, a report Tuesday by Coindesk noted that DraftKings is the subject of a federal class action lawsuit claiming the company's NFTs are unregistered securities. The company announced Tuesday (July 30) it was shuttering the marketplace, along with Reignmakers, a fantasy sports game based around NFTs, due to "recent legal developments." "This decision was not made lightly, and we believe it is the right course of action," DraftKings said in i ...