World

Modex

FIFA

Read

would

<div class="key-points-section"><strong>Key Points:</strong>
 <ul>
  <li>GESPA files complaint against FIFA's NFT platform for unlicensed gambling.</li>
  <li>Swiss suspicion towards FIFA Collect's RTB model confirmed.</li>
  <li>Legal action initiated; potential market impact on NFTs.</li>
 </ul>
</div>
<figure class="wp-block-image aligncenter size-large"><a href="https://coinlive.me/wp-content/uploads/2025/10/swiss-courtroom-ink-drawing-file.jpeg" rel="noopener noreferrer nofollow"> </a>
 <figcaption>
  Swiss Regulator Files Complaint Against FIFA's NFT Platform
 </figcaption>
</figure>
<p>The Swiss gambling regulator GESPA has filed a criminal complaint against FIFA's World Cup NFT platform alleging unlicensed gambling activities through its right-to-buy model, launched in Switzerland.</p>
<p>This complaint signifies potential legal challenges for NFT platforms offering chance-based mechanics, possibly affecting FIFA's financial operations and raising concerns within global digital asset regulatory frameworks.</p>
<h3 id="body">Body</h3>
<h4>Section 1</h4>
<p>The Swiss gambling regulator, <a href="https://twitter.com/CryptoniteTweet" rel="noopener noreferrer nofollow">GESPA</a>, has filed a formal complaint against <strong>FIFA's NFT</strong> platform, claiming <strong>illegal gambling under Swiss law</strong>. The platform employs a lottery-style model.</p>
<p><strong>FIFA Collect</strong>, developed with Modex and using <a href="https://twitter.com/99BitcoinsHQ" rel="noopener noreferrer nofollow">Avalanche</a>, is at the center of the complaint. GESPA alleges the platform's RTB model <strong>breaches gambling laws</strong>. Manuel Richard, Director of GESPA, confirmed:</p>
<blockquote>
 The regulator had validated its suspicions under gambling statutes and would refer the case to prosecuting authorities.
</blockquote>
<h4>Section 2</h4>
<p>The complaint could affect the market perception of <strong>NFT platforms</strong> and their association with gambling. <strong>Regulators</strong> have targeted similar models previously across jurisdictions.</p>
<p>The financial implications could be substantial, given the platform amassed around <strong>$15 million</strong> from token sales. <a href="https://twitter.com/99BitcoinsHQ" rel="noopener noreferrer nofollow">Blockchain partners</a> might experience reputational risks.</p>
<h4>Section 3</h4>
<p>GESPA's actions demonstrate heightened regulatory scrutiny within <strong>blockchain and NFT sectors</strong>. FIFA has yet to respond, raising potential <strong>legal challenges</strong> for future NFT launches under current laws.</p>
<p>Should regulators proceed with prosecution, it might shape the landscape for <strong>NFT-based models</strong> globally. Historical trends show that lottery-like structures often face <strong>intense regulatory focus</strong>. Stakeholders will closely monitor developments.</p> <a href="https://coinlive.me/swiss-regulator-fifa-nft-complaint/" rel="noopener noreferrer nofollow">Read original article on coinlive.me</a>

Swiss Regulator Files Complaint Against FIFA's NFT Platform

Table of Contents

Coinlive.me

Other articles published on Oct 18, 2025

Join our free newsletter for daily crypto updates!