According to the U.S. District Court judge, emojis like the
stock chart, rocket ship, and money bags represent a financial return on
investment.
Former U.S. Securities and Exchange Commission (SEC) branch
chief Lisa Braganca used Twitter to alert users to the potential legal
repercussions of using emojis that might allude to potential future gains.
She also provided a link to a court document in which Victor
Marrero, a federal court judge, rejected Dapper Labs' request to dismiss the
amended case alleging that NBA Top Shot Moments had broken security laws.
The judge noted in the lawsuit that certain posts from the
NBA Top Shot Twitter account contain emoticons that stand for financial gains.
Despite the fact that no tweets used the word "profit," emojis used
to resemble financial charts,
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