Two leading international brands have filed lawsuits in 2022 to prevent the sale of digital NFTs depicting their physical products, and both cases will test existing trademark law and impact online retailers of NFTs.
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Litigation
National Bank Regulator Announces FinTech Charter
By Scott H. Kimpel & Carleton Goss on
Posted in Regulatory
Recently, the federal Office of the Comptroller of the Currency announced that it is now accepting applications for national bank charters from nondepository banking institutions. Continue reading for a link to our detailed client alert on the parameters of the charter.
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Private Plaintiff Lawyers Are Actively Targeting ICOs
By Scott H. Kimpel & Mayme Beth Donohue on
Posted in Initial Coin Offerings, Regulatory
While ICO issuers have understandably been focused recently on the latest pronouncements from the SEC and other regulators, a second group of potential litigants has largely avoided notice. Seeing a potential bonanza, private plaintiffs law firms have become aggressive in soliciting disgruntled investors as clients and filing lawsuits against issuers of digital tokens. …
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