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Blurred Lines: How the Lack of Regulation of NFT Platforms Has Fueled Rampant Art Theft

IPilogue

Listing someone else’s artwork on an NFT marketplace is as simple as saving a copy of the work from an artist’s website or social media platform and uploading it onto a marketplace where it is minted into an NFT. Many NFT marketplaces do not require the person listing the piece to provide proof of ownership or personal information.

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Titleless Tales of the Headless

LexBlog IP

However, two months later, the museum filed a complaint against NYDA to block the seizure order by contesting its rightful ownership of the statue. This blog article primarily delves into the title issue presented by the CMA case. Ownership Interest In the case of Republic of Croatia v. million from a New York gallery in 1986.

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U.S. Treasury Study Rejects Immediate Need for New Regulation of Art Market

LexBlog IP

AML/CFT regime related to beneficial ownership, real estate, and investment advisers and nonfinancial gatekeepers before turning its attention to the high-value art market.” ” [5] The Report only discussed money laundering, ignoring other known risk areas in the art market, such as the sale of forged or stolen artworks. [6].

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