Saturday, June 24, 2023

Hermes wins permanent ban on 'MetaBirkin' NFT sales

Luxury brand Hermes has won a legal case in the US to permanently block artist Mason Rothschild's sale of MetaBirkin non-fungible tokens (NFTs). A US district judge agreed that the NFT violated the French luxury house's trademark rights. Rothschild's defence that the works were an absurdist statement on luxury goods and immune from the lawsuit was countered by the judge. The verdict means that Rothschild must stop marketing the NFTs and hand over remaining tokens and profits. https://ift.tt/luvQSBL

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