Berman Jerry Nowlin Jr., creator of “Undead Apes” NFTs, has been found guilty of conspiracy to commit wire fraud and money laundering by a Florida jury. Nowlin and his co-creator made nearly $400,000 from the scheme, which piggybacked off the success of their previous collections to mislead investors.
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New York judge dismissed case over who owns “world’s first NFT” worth $1.5 million (£1.2 million)
A New York court has dismissed a case over an artist’s right to “the world’s first NFT” (non-fungible token), which sold for $1.5 million (£1.2 million) at Sotheby’s in 2021. It represents the first legal case in the US to examine how blockchain technology affects the ownership of digital art.
Continue readingThe novel Blockchain website making fine art investment affordable
Purchasing fine art has historically been the realm of the extremely rich, but this could soon change. Continue reading