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DraftKings Shuts Its NFT Business, Cites Legal Issues: CoinDesk

July 30, 2024, 4:08 PM UTC
Jim Silver
Jim Silver
Bloomberg News

DraftKings is shutting its nonfungible token business immediately, CoinDesk reports, citing an email the company sent to customers.

  • DraftKings cited “recent legal developments”
  • NOTE: July 3, DraftKings Must Face Suit Claiming Its NFTs Are Securities

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To contact the reporter on this story:
Jim Silver in New York at jsilver@bloomberg.net

To contact the editor responsible for this story:
Zachary Fleming at zfleming2@bloomberg.net

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