A company that spent $250,000 on a nonfungible token project promoted by Earvin “Magic” Johnson opted to walk away from its suit against the basketball legend and the project’s creator.
DoneRight & Co., Johnson, and Carrie Lyn Henman—who offered the Magicverse Genesis NFT collection—filed a joint stipulation Tuesday in the US District Court for the Central District of California to dismiss the investor suit.
The jewelry and watch company in February sued Johnson and Henman, alleging the tokens never materialized and that Henman disappeared with the invested funds.
DoneRight also claimed Henman and her Global Management Group business solicited its ...
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