NFTs Recognized as Property in the UK Following OpenSea Case
The decision comes after months of repeated NFT thefts, as savvy hackers have exploited loopholes and poor security literacy to seize high-profile NFTs. Just earlier this week, Bored Ape Yacht Club, possibly the most well-known NFT project.
That may now change, at least in the U.K., thanks to the case Lavinia Deborah Osbourne v (1) Persons Unknown (2) Ozone Networks Inc Trading as Opensea, which was filed this past March. Osbourne, the founder of Women in Blockchain Talks, had two of her NFTs stolen from the Boss Beauties collection, a series of 10,000 NFTs depicting illustrated, diverse, successful career women.Kate Gee, a lawyer who has been briefed on the case by Osbourne’s barrister, Racheal Muldoon, told ARTnews the injunction can be served in just a matter of hours.
Source
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