Remove money what-is-a-non-fungible-token-nft
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What Are NFTs and Why Are They So Controversial?

Reynolds Holding

Nonfungible token (NFT or Token) was the word of the year in 2021, as NFT sales exceeded $4 billion in monthly trading volume in January 2022 after generating more than $23 billion in sales in 2021. What is an NFT? Hence, at first glance, NFTs appear akin to artworks or collectibles.

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Skadden Discusses Suit Alleging NBA “Top Shot” NFTs Were Securities

Reynolds Holding

The court held that, at the pleading stage and accepting all allegations as true, plaintiffs adequately alleged that Dapper Labs violated Sections 5 and 12(a)(1) of the Securities Act of 1933 (Securities Act) by offering National Basketball Association (NBA) Top Shot Moments non-fungible tokens (Moments) without a registration statement.

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Davis Polk Discusses Recent SEC and CFTC Enforcement Actions

Reynolds Holding

The SEC further alleged that the Company lacked policies or controls concerning related party transactions, including what constituted a related party transaction or how such transactions should be disclosed by the Company. These figures exclude follow-on actions, bars and suspensions.) July 5, 2023, settled) In the Matter of Reed L.

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A Top DOJ Official Speaks on Corporate Enforcement and Compliance

Reynolds Holding

The numbers have a place – they tell the public, in broad terms, what the department has publicly done. Thank you, Brian, for the kind introduction. It’s great to be here with all of you. Today, I will share a snapshot of our 2022 enforcement results as well as our policy approach to white-collar and corporate crime.

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NFTs explained: Hear from the expert

ThomsonReuters

If you’ve been paying attention to market news lately, non-fungible tokens (NFTs) and blockchain technology are dominating headlines. Understanding NFTs is a necessary step to understanding how to help your clients and how to adapt your practice. Step one, what is a fungible token?