A Florida attorney has filed a proposed class action in federal court, alleging fraud by record producer Steve Aoki and DraftKings co-founder Matt Kalish over their promotion of nonfungible tokens. The complaint targets the two individuals for promoting NFTs in a manner the plaintiff says was deceptive.
Details beyond the initial filing were not disclosed in the excerpt. As the case progresses, more information could come to light.
The action underscores growing regulatory scrutiny of NFT marketing and the potential consequences for influencers and promoters who tout digital assets without clear disclosures. Observers will watch how courts address misrepresentations in NFT advertising and whether this case signals broader liability for marketing practices in the crypto space.
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