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  1. Home
  2. Crypto-Detective
  3. Roadmap and Price Statements Not Enough to Prove Profit Promise

Roadmap and Price Statements Not Enough to Prove Profit Promise

Scheduled Pinned Locked Moved Crypto-Detective
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  • bonkB Offline
    bonkB Offline
    bonk
    wrote on last edited by
    #1

    dbbee8a9-bb21-4e08-a768-9b717e57662b-image.png

    In his decision, Judge Olguin emphasized that Yuga Labs never made explicit promises of profit to prospective NFT buyers. He added that a roadmap for the project or statements about NFT prices and trade volumes “by themselves fail to establish an expectation of profit.”

    “Statements about a product’s inherent or intrinsic value are not necessarily statements about profit,” Olguin wrote, underscoring why Yuga’s NFTs remain outside the scope of U.S. securities laws.

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    • K Offline
      K Offline
      kelson10
      wrote on last edited by
      #2

      Exactly—fancy roadmaps don’t guarantee success. Execution and transparency matter far more.

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      • EmTeamE Offline
        EmTeamE Offline
        EmTeam
        wrote on last edited by
        #3

        Investors are learning to look beyond promises. Real progress beats marketing hype every time.

        1 Reply Last reply
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