Rosen Law Firm announced that it will file a class action lawsuit on behalf of Game of Silks NFT purchasers, an NFT-powered fantasy horse racing game project that completed a $5 million financing in 2023 (the total financing amount exceeded $10 million), but the project never filed a registration statement with the SEC, so its NFT may violate the Securities Act and be suspected of material misrepresentation. It is reported that Rosen Law Firm revealed that the lead plaintiff plans to file a motion with the court before April 25th.