NFL Players Association Sues DraftKings Over Alleged NFT Licensing Breach Amid Securities Lawsuit

The NFL Players Association has initiated legal action against DraftKings Inc., alleging the company failed to honor a licensing agreement. This dispute arises from DraftKings’ decision to halt payments after closing its non-fungible token (NFT) marketplace amid a civil lawsuit that contends DraftKings’ NFTs violated securities laws. For further details on this developing story, refer to the Law360 report.