NFT RECOGNISED AS LEGAL PROPERTY IN LANDMARK CASE

On 4 May, the Art Law & More blog from Boodle Hatfield reported that the High Court in London has ruled that NFT are to be considered legal property, marking a significant step forward for victims of NFT theft, who will now be more confidently able to apply for an injunction when finding that their NFT have been misappropriated.  The case was brought by a woman who claimed that 2 digital works had been stolen from her online wallet. 

https://artlawandmore.com/2022/05/04/nfts-recognised-as-legal-property-in-landmark-case/

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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