News with the tag "Eden Gallery"

Eden Gallery has moved to dismiss a class-action lawsuit filed by a group of non-fungible token (NFT) holders, arguing that losses in NFT prices were the result of broader market conditions rather than any fraudulent activity. In a January 7 filing in a New York federal court, the art gallery stated...

Eden Gallery argued that a class group of NFT buyers “may have buyers’ remorse, but their losses, if any, are due to market forces.”

Eden Gallery and artist Gal Yosef face lawsuit for failing to deliver on promises tied to their NFT collection, the Meta Eagle Club. The post NFT Holders Sue Gallery and Artist Over Alleged ‘Rug Pull’ Scam in Meta Eagle Club appeared first on TheCoinrise.com .

A group of NFT holders sued the creators of the collection, claiming they made no significant steps to fulfill promised perks and had no knowledge of blockchain.