DraftKings has closed its NFT-powered fantasy sports experience Reignmakers and its associated marketplace following a class action lawsuit. The lawsuit claims that DraftKings' NFTs were unregistered securities, which has led to the shutdown. Users affected by this can either receive a cash payout in exchange for their NFTs or opt to withdraw them to a self-custodial wallet. The decision to shut down Reignmakers was driven by "recent legal developments" that surfaced after a federal judge's decision. This move is intended to comply with the evolving legal landscape surrounding NFTs and securities. DraftKings' shutdown of Reignmakers marks a significant response to the lawsuit and indicates the potential legal risks companies face in the NFT space. The options provided to users aim to mitigate the impact on those who had invested in DraftKings' NFTs.