Sorare, a blockchain fantasy sports company, has been accused of providing unlicensed gambling.

- It is the first case against a blockchain platform, and could set a precedent for future Gambling Commission actions against Web3 companies.

- Sorare, based in France, offers football, basketball and baseball games using NFTs.

- The company is due to appear in court on October 4 in Birmingham.

- The commission has been investigating for almost three years.

- Sorare denies the charges, saying its activities do not fall under gambling laws.

The case could impact future regulation of Web3 companies.

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