Juiz federal nega pedido de demissão da Dapper Labs
- Dapper Labs tem 21 dias para responder à decisão.
- Tem havido uma discussão crescente sobre quais ativos digitais se qualificam como valores mobiliários.
um juiz federal governou 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.
O processo, que foi aberto há um ano e meio, afirma que Gharegozlu e Dapper Labs ofereceram sua coleção NFT sem primeiro se registrar na Securities and Exchange Commission (SEC) dos EUA, violando assim a lei federal de valores mobiliários.
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,
É o esquema particular pelo qual Dapper Labs oferece Moments que cria a relação jurídica suficiente entre investidores e promotor para estabelecer um contrato de investimento, e este uma garantia, sob 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 anunciou que havia alcançado um acordo de $30 milhões com a exchange de criptomoedas Kraken sobre seus serviços de apostas. O governo dos EUA também está investigando os tradicionais consultores de investimentos de Wall Street que fornecem custódia de ativos digitais aos clientes sem serem devidamente licenciados.
Dapper Labs tem 21 dias para responder à decisão.
Cobri algumas histórias interessantes em minha carreira como jornalista e acho as histórias relacionadas ao blockchain muito intrigantes. Acredito que a Web3 vai mudar o mundo e quero que todos façam parte dele.
