Il giudice federale nega la mozione di licenziamento di Dapper Labs
- Dapper Labs ha 21 giorni per rispondere alla sentenza.
- C'è stata una crescente discussione su quali risorse digitali si qualifichino come titoli.
Un giudice federale governato on Wednesday that Dapper Lab’s “NBA Top Shot Moments” qualify as securities as they meet the criteria under the United States security law. Judge Victor Marrero denied Dapper Labs CEO Roham Gharegozlou’s request to dismiss a class action lawsuit claiming that the company’s NBA Top Shot NFTs are securities.
La causa, che è stata intentata un anno e mezzo fa, afferma che Gharegozlu e Dapper Labs hanno offerto la loro raccolta di NFT senza prima registrarsi presso la Securities and Exchange Commission (SEC) degli Stati Uniti, violando così la legge federale sui titoli.
By denying Dapper Labs’ dismissal motion, Judge Marrero authorized the case to proceed. According to the court documents, the judge reviewed the Howey Test to assess if the NFTs met the criteria for an investment contract covered by U.S. securities laws before reaching a decision.
“The Court finds that Plaintiffs’ allegations render each consideration under Howey facially plausible and survive Defendants’ Motion to Dismiss the alleged violation of Sections 5 and 12 of the Securities Act,” the ruling read.
Judge Marreo ruled that Dapper Labs’ FLOW tokens, though not necessarily securities themselves, are “necessary to the totality of the scheme at issue.” The federal judge noted that “without FLOW tokens, no transactions on the Flow Blockchain can be validated.”
The ruling added that the “Proof-of-Stake’ mechanism employed by the Flow Blockchain requires FLOW to power it and incentivize miners to validate transactions. In that respect, FLOW’s utility creates value for Moments through the network’s consensus as to ownership and the price of each transaction.”
Judge Marreo, however, noted that “not all NFTs offered or sold by any company will constitute a security, and each scheme must be assessed on a case-by-case basis.”
Explaining Dapper Labs’ peculiarity, the ruling said,
È il particolare schema con cui Dapper Labs offre Moments che crea il rapporto legale sufficiente tra investitori e promotore per stabilire un contratto di investimento, e questo una garanzia, sotto Howey.
Reacting to the ruling, a Dapper Labs spokesperson noted that Wednesday’s decision “only denied the defendant’s motion to dismiss the complaint.” The spokesperson claimed the ruling “did not conclude the plaintiffs were right, and it is not a final ruling on the merits of the case.”
Judge Marreo’s ruling is part of a larger discussion concerning whether different digital assets should be classified as securities. Earlier this month, the SEC ha annunciato di aver raggiunto un accordo di $30 milioni con l'exchange di criptovalute Kraken sui suoi servizi di staking. Il governo degli Stati Uniti sta anche esaminando i tradizionali consulenti per gli investimenti di Wall Street che forniscono ai clienti la custodia delle risorse digitali senza essere adeguatamente autorizzati.
Dapper Labs ha 21 giorni per rispondere alla sentenza.