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June 8th, 2022
Seth Green’s Stolen ‘Bored Ape’ Muddles NFT Legal Ownership
Blockchain Technology Practice Group Co-Chair Jeremy S. Goldman is quoted in the article, “Seth Green’s Stolen ‘Bored Ape’ Muddles NFT Legal Ownership” published by Bloomberg Law. The article details the theft of actor Seth Green’s “Bored Ape” non-fungible token which sparked a debate around copyright and ownership of the popular digital assets, Bored Ape Yacht Club and their licensing structure. Jeremy is quoted saying, “That’s what was kind of amazing about the Bored Ape Yacht Club is they gave these very valuable assets. They gave the community the rights to go and make stuff and to license it for various purposes, wherever they wanted.”
Jeremy says posing a hypothetical, “Let’s say it’s not even stolen, Seth sells the ape to somebody else, what happens to that sublicense? The Yuga Labs license is silent as to what happens in that situation. He adds, “There’s kind of no way to say that when Seth sells that or it gets stolen from him, does the next person take it subject to whatever licenses had been entered before.”
Read the full article here.
Other Quoted
New California Law Requires Sellers To Warn That Digital ‘Purchases’ Might Vanish
MediaPost quotes Jeffrey A. Greenbaum on California Governor Gavin Newsom's newly signed bill that will prohibit sellers from advertising digital material with the words “buy” or “purchase,” unless the sellers also disclose that they can revoke access at any time. View Article
September 27 2024
More and More Artists Want Trump to Stop Using Their Music. They Face a Costly Fight
NPR quotes Jacqueline Charlesworth on the music lawsuits against Donald Trump, following White Stripes' becoming the latest band to sue Trump for unauthorized use of copyrighted material in his campaign to become president. She notes the sheer volume of complaints against Trump for his music selections may be a record. Ms. Charlesworth also distinguishes claims of transformative use from just using music to promote a campaign. View Article
September 17 2024
SEC Is Coming After OpenSea—These Are the NFTs That Could Be in Trouble
Decrypt quotes Jeremy S. Goldman on how far-reaching the SEC's push into the NFT market might become following the SEC's anticipated lawsuit against NFT marketplace, OpenSeas. View Article
September 9 2024
