Nifty Gateway NFT's Case

S.D. New York

Court

22-CV-10517

Case number

From the launch, Nifty Gateway sold unregistered securities in violation of federal securities laws.

The Company promotes, offers, and sells “Nifties” throughout the United States in form of non-fungible tokens (NFTs).

The products of Nifty are unregistered securities that put the extra risk of damages on Retail Investors who lack the technical and financial sophistication necessary to evaluate the risks associated with their investment in Nifties and make its marketing, promotion, and distribution illegal.

Since the launch of the Nifty Gateway, prices of sold NFTs have fallen dramatically, seriously damaging Investors and Consumers.

Case Status

Attorney Investigation

Alleged Offence

Mismanagement,

Misleading Statements,

Financial Misrepresentation,

Fraud,

Failure to Disclose,

Price manipulation,

Insider Trading,

Malpractice,

Negligence,

Breach of Fiduciary duty,

Omissions

Suspected Party

Directors,

Management,

Shareholder,

Influencer,

Investment Bank,

Service Provider

Security Type

Crypto Asset

Trade Direction

Long

Shock Event Date

12/19/2022

Filing date

12/13/2022

Nifty Gateway NFT's Case

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