‘NFTs as property: courts start to rein in the NFT “Wild West”’

“The NFT space is commonly characterised as a “Wild West”, where anything goes and legal controls are minimal. A recent decision of the UK High Court suggests that the law’s lasso of control is at least starting to bring some order to the purported chaos. In a case involving the alleged theft of two NFTs from the claimant’s crypto wallet, the court determined that the NFTs were property, and therefore capable of being the subject of an injunction …” (more)

[Emily Gould, Institute of Art and Law, 11 May]

First posted 2022-05-13 09:15:55

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