Block trades are privately negotiated futures, options, or combination trades exceeding certain volume thresholds. Participants typically use communication technologies like Paradigm to request quotes bilaterally and agree on the price, following which the trade is submitted to an exchange, in this case, Deribit, for execution and clearing.
U.S. Judge Denies Motion to Dismiss Class Action Lawsuit Against DraftKings and Its NFTs
In this recent ruling, a court agreed that DraftKings' NFTs involved an investment of money, pooled assets into a common...