‘Valueless’ NFTs no good as collateral, judge tells Metabirkins maker
Judge rejects motion using Metabirkins smart contract and NFT artwork to stay damages owed to Hermès | Court highlights irony of attempt and deems them “valueless items”.
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2 August 2023 Hermès may be the definitive victor in the NFT dispute, but the case leaves questions over how to handle infringing digital assets and smart contracts, says Muireann Bolger.
14 February 2023 The trademark decision will shock a market built on selling digital artworks, finds Sarah Speight. Crowell & Moring | Withers & Rogers | Dickinson Wright | Knobbe Martens | Greenberg Glusker.