Former SEC branch chief Lisa Braganca warned the public against using certain emojis in promotional materials following a court ruling that classified DapperLabs’ use of emojis as investment advice.
Braganca issued the warning via Twitter while referring to a recent court ruling against DapperLabs.
Using emojis relating to rocket ships, stock charts, and money bags could be classified as investment advice, according to the court ruling by Judge Victor Marrero on Feb. 22.
(By Christian Nwobodo)
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