Why is the DOJ filing lawsuits involving unregulated NFTs?

Lawsuits regarding digital assets have been filed by the federal government this year. These lawsuits are noteworthy because:

  • They are the first lawsuits of their kind;

  • They involve digital assets like NFTs; and

  • They likely herald the passage of new laws in the future that will govern the sale of digital currency.

Read about the DOJ lawsuits claiming insider trading violations in the transfer of NFTs.

Klemchuk LLP

This blog is published by Klemchuk LLP, a litigation, intellectual property, transactional, and international business law firm dedicated to protecting innovation. The firm provides tailored legal solutions to industries including software, technology, retail, real estate, consumer goods, ecommerce, telecommunications, restaurant, energy, media, and professional services.

The firm publishes Ideate, a blog discussing the latest news and insights into intellectual property law, business, and culture.

Previous
Previous

Why is Papa Johns in a class action suit claiming privacy violations for allegedly using session replay tools?

Next
Next

Can mimicking another’s art style be deemed copyright infringement?