- Some emojis may have legal implications
- Representatives of the crypto community called this news tragic
federal judge declaredthat the use of some emoji signals to users that they should expect financial returns from their investment. He said emoji like a rocket, a growing chart, and a bag of money are financial advice.
Victor Marrero has released a judgment against NBA Top Shot Moments owner and developer Dapper Labs. He claimed that tweets promoting her NFT platform violate US securities laws.
The company disagrees with the court’s decision and argues that the promotional tweets simply report recent sales and do not advertise any profits.
Oscar Tang, director of the Enjin NFT platform, also commented on this. He said:
“The court is obliged to protect free messages in crypto communities, they are part of the freedom of speech”
Some users generally called this news tragic and added that now freedom of speech does not apply to emoji.
A Twitter user under the pseudonym AshChild wrote:
“I state that I only used the emoji to represent a rocket that hits a healthy briefcase and puts your money in a trash bag. In other words, it is the opposite of return on investment.”
