🏀 Dapper Labs, the firm behind NBA Top Shot NFTs, has slam dunked a $4M settlement to end a class-action lawsuit. The suit claimed the firm sold unregistered securities, but the court's decision reaffirms that NFTs are not securities, just like trading cards. The settlement, still awaiting approval, will also see Dapper Labs make a few business changes to ensure the Flow blockchain remains decentralized. CEO Roham Gharegozlou said, "Dapper Labs will continue to engage at all levels to help ensure sensible approaches to this new technology."