D&G USA Clear for DGFamily NFT Suit; Italian Parent Dem Sue

For July 11, one US federal judge clear Dolce & Gabbana USA from one class-action case for DGFamily NFT project, e come talk say dem no be alter ego of the Italian parent company, D&G S.R.L. The case wey dem start for May 2024 and add tins for am in September yarn say the D&G brands dash the DGFamily NFT project waka after dem sell like 5,000 digital “boxes” for between 1.224 to 40 ETH (wey be about $3,600 to $120,000), dem no deliver the digital wearables, physical goods, and event access like dem promise, and dem hold plus $25 million customer money. Now only D&G S.R.L dey face the case, the whole matter dey focus on corporate responsibility. Traders dem suppose sabi say clear corporate separation fit limit legal wahala for future NFT projects. People believe say the ruling no go affect crypto market anyhow.
Neutral
Di waka Dolce & Gabbana USA narri narri legal risk go Italy padi padi oga without touch DGFamily NFT work or market wants. Traders no go gree do big buy or sell, as ruling clear how company fit take care, but the NFT project remain as e be. Short-term wahala no go too much, long-term na how future NFT dem go take separate their company one go matter.