Posted 4/11/2024, 1:04:00 PM
SEC Investigated NFT Leader Dapper Labs, Closed Case After Crypto Crash
- SEC investigated NFT company Dapper Labs, developer of NBA Top Shot, but closed case in September
- Dapper Labs created hit NFT projects CryptoKitties and NBA Top Shot
- After crypto market crash, Dapper Labs conducted multiple layoffs
- SEC has started scrutinizing and taking action against NFT projects
- Closed investigation provides some comfort to NFT market participants, but doesn't mean SEC cleared Dapper Labs or won't investigate again
