The CEO's social media accounts were used to reveal material, nonpublic information, according to a charge the Securities and Exchange announced today against DraftKings. The gaming company settled the charges by agreeing to pay a $200,000 civil penalty.
DraftKings previously faced a class action complaint in which plaintiffs claim those NFTs were investable securities and that they suffered losses when the NFT market collapsed
DraftKings previously faced a class action complaint in which plaintiffs claim those NFTs were investable securities and that they suffered losses when the NFT market collapsed