Dapper Labs reaches $4 million settlement in NBA Top Shot NFT lawsuit
Dapper Labs, the company behind NBA Top Shot and other well-known blockchain collectibles, has reached a settlement with disgruntled customers in a years-long class-action lawsuit alleging that Top Shot NFTs were illegally offered securities. Dapper Labs CEO Roham Gharegozlou said as part of the settlement, Dapper Labs will pay $4 million to the lawsuit plaintiffs. The funds will include monetary relief for the plaintiffs' claims and payment for legal fees. In return, if the settlement is approved, the plaintiffs will waive any future claims to Top Shot NFTs being securities.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget to Adjust CFD Leverage During Special Trading Periods in the Fourth Week of October 2026
Upgraded App copy trading experience
Axis Robotics (AXIS) to be listed on Bitget Launchpool — Grab a share of 1,333,333 AXIS
CandyBomb x AXIS: Trade to share 533,333 AXIS
Crypto prices
More
