NXT Knowlege

For a decade or more, web3 founders structuring projects out of the Cayman Islands which had any US token holders have had to live with a particularly uncomfortable question: is my token a security under US based laws? For projects with a substantial US token holder base or development team, the answer could mean the difference between regulatory clarity and an enforcement action or Wells notice. That question has now received its clearest answer yet. On March 17, 2026, the S

A US Court in the Central District of California has granted a motion to dismiss on a class action lawsuit against Yuga Labs, the...