The charges, the first brought against a blockchain platform, may signal a precedent for how the Gambling Commission plans to deal with Web3 companies in the future.
Sorare is charged with providing facilities for gambling without holding an operating licence, the commission said on its website. The company will have to appear on Oct. 4 in Birmingham Magistrates' Court.
We firmly deny any claims that Sorare is a gambling product under U.K. laws. The Commission has misunderstood our business and wrongly determined that gambling laws apply to Sorare.
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