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NBA reviews Brooklyn player's plan to sell crypto bond tied to his earnings
The National Basketball Association is reviewing a revised plan by the Brooklyn Nets’ Spencer Dinwiddie to sell a tokenized investment vehicle based on his future earnings. “Spencer Dinwiddie’s advisers provided us with new information regarding a modified version of their digital token idea, which we are reviewing to determine whether the updated idea is permissible under league rules,” the NBA said in a statement. The 26-year-old point guard has been talking for months about creating the “Spencer Dinwiddie Bond,” a modern twist on the bonds sold by David Bowie decades ago. But the effort has faced ... (full story)