The court granted final approval on July 30, 2025. Claims were processed and a distribution motion was filed in January 2026, while later claim-related proceedings remained active in July 2026.
Final Approval Granted · Distribution Proceedings Ongoing
$10M DraftKings NFT Marketplace Settlement
PublishedMarch 26, 2025
UpdatedJuly 27, 2026
The court granted final approval on July 30, 2025. Claims were processed and a distribution motion was filed in January 2026, while later claim-related proceedings remained active in July 2026.
The court granted final approval on July 30, 2025. Claims were processed and a distribution motion was filed in January 2026, while later claim-related proceedings remained active in July 2026.
StatusFinal Approval Granted · Distribution Proceedings OngoingSee the current-status update above.
Claim DeadlineJuly 21, 2025New claims are not currently accepted.
Settlement Fund$10 millionApproved deductions and allocation terms may apply.
Potential BenefitRecognized-loss-based pro rata paymentEligibility and payment terms apply.
What Happened?
The lawsuit alleged that NFTs transacted through DraftKings accounts were unregistered securities and that DraftKings operated an unregistered securities marketplace. DraftKings denied wrongdoing and liability.
Who Was Covered?
The class included people or entities that purchased, sold, held, used, or otherwise transacted in NFTs through a DraftKings account from August 11, 2021 through July 30, 2025, subject to the settlement exclusions.
What Benefits Were Available?
The net fund is allocated to approved claimants under a recognized-loss formula based on qualifying NFT transactions, after court-approved deductions. Individual amounts vary.
Claims and Payment Information
The court granted final approval on July 30, 2025. Claims were processed and a distribution motion was filed in January 2026, while later claim-related proceedings remained active in July 2026. People with an existing claim or notice should rely on claim-specific communications and the official source.
• Claim deadline: July 21, 2025 • Final approval granted: July 30, 2025 • Distribution motion filed: January 26, 2026
Settlement Fund and Legal Fees
Administration, legal fees, expenses, benefit payments, and other approved deductions are governed by the official documents and court orders and can affect individual benefits.
Case Information
Dufoe v. DraftKings Inc., et al. 1:23-cv-10524-DJC U.S. District Court for the District of Massachusetts.