Interest in non-fungible tokens (NFTs) — unique digital assets created and sold on blockchains — have exploded in the past year. Buyers have paid many millions for these digital goods.
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Singaporean man won a worldwide injunction prohibiting the transfer of ownership of a NFT, it drew global attention in the blockchain and NFT business and legal circles because it appears to be the first time a court has frozen the trading of an NFT in a commercial dispute.
On May 13, 2022, a Singaporean man won a worldwide injunction prohibiting the transfer of ownership of a Non-Fungible Token (NFT) at the center of a dispute between him and an online.
Singaporean man won a worldwide injunction prohibiting the transfer of ownership of a NFT, it drew global attention in the blockchain and NFT business and legal circles because it appears to be the first time a court has frozen the trading of an NFT in a commercial dispute.