Swiss Regulator Files Criminal Complaint Against FIFA over Blockchain Token Sales

The Swiss gambling authority Gespa has filed a criminal complaint against FIFA, alleging unlicensed gambling practices related to World Cup ticket sales via blockchain tokens offered through the FIFA Collect platform. This legal action could significantly impact FIFA’s use of blockchain in sports ticketing and raise challenges for other sports organizations embracing digital asset reliance. Gespa argues that FIFA’s platform operates without necessary approvals, potentially breaking Swiss law regarding gambling. The complaint marks a pivotal moment in the regulatory landscape surrounding blockchain applications within the sports industry.