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DraftKings Settles Lawsuit Over NFL Player NFTs

Posted on February 22, 2025

DraftKings has reached a settlement with the National Football League Players Association (NFLPA) regarding a lawsuit over the use of NFL player likenesses in NFTs. The dispute arose from a partnership that allowed DraftKings to create and sell NFTs of NFL players for fantasy sports. Legal challenges concerning the classification of these NFTs as securities led to the termination of the agreement and subsequent legal action.

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