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November 17th, 2022
Online Casino Slotie Faces Regulator Deadline Over Questionable NFT Sales
Blockchain Technology Co-Chair Jeremy S. Goldman is quoted in the article, “Online Casino Slotie Faces Regulator Deadline Over Questionable NFT Sales” published by Forbes. The article discusses online casino Slotie, who faces enforcement actions from four US state securities regulators for illegally and fraudulently selling NFTs. Given the laws are still uncertain and there’s no clarification of who has jurisdiction of blockchain and crypto, many are closely watching how federal commissions will regulate the industry. Jeremy is quoted saying, “I think they are learning and they'll discover that NFTs are an empty box. And it's really about what people are putting in that box. It would be a big mistake, and just wrong as a matter of law for anyone to cast a wide net and say that non-fungible tokens are securities. That would just be extremely misguided.”
Read the full article here.
Other Quoted
New California Law Requires Sellers To Warn That Digital ‘Purchases’ Might Vanish
MediaPost quotes Jeffrey A. Greenbaum on California Governor Gavin Newsom's newly signed bill that will prohibit sellers from advertising digital material with the words “buy” or “purchase,” unless the sellers also disclose that they can revoke access at any time. View Article
September 27 2024
More and More Artists Want Trump to Stop Using Their Music. They Face a Costly Fight
NPR quotes Jacqueline Charlesworth on the music lawsuits against Donald Trump, following White Stripes' becoming the latest band to sue Trump for unauthorized use of copyrighted material in his campaign to become president. She notes the sheer volume of complaints against Trump for his music selections may be a record. Ms. Charlesworth also distinguishes claims of transformative use from just using music to promote a campaign. View Article
September 17 2024
SEC Is Coming After OpenSea—These Are the NFTs That Could Be in Trouble
Decrypt quotes Jeremy S. Goldman on how far-reaching the SEC's push into the NFT market might become following the SEC's anticipated lawsuit against NFT marketplace, OpenSeas. View Article
September 9 2024
