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Cryptocurrency News

Chinese court rules marketplace guilty of minting NFTs from stolen artwork

04/26/2022

Less than a minute

2022.04.26 17:51

A court in the Chinese city of Hangzhou issued a one-of-a-kind judgment against a nonfungible token (NFT) marketplace for allowing a user to create (or mint) NFTs of stolen artwork.

As reported by South China Morning Post, the court verdict toward the NFT marketplace was made after Shenzhen-based company Qice filed a lawsuit against NFTCN’s parent company, BigVerse.

Source

04/26/2022

Less than a minute