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Has this been tested in court? Common law is very flexible, and (IANAL) I wouldn’t be surprised it if recognised an NFT sale as one. Eg if both parties believe
by rich_sasha 5y ago
Has this been tested in court?
Common law is very flexible, and (IANAL) I wouldn’t be surprised it if recognised an NFT sale as one. Eg if both parties believe and represent the transaction as a sale at the time, does that in itself make it a sale, regardless of finer technicalities?
- deleted 5y ago[deleted]
- acdha 5y agoIn most cases it doesn’t need to be tested: the party making the sale isn’t responsible for what some random cryptocurrency salesperson on social media claims. If the actual seller made misleading claims and the fine print didn’t clarify, it might be actionable. Typically what we see, however, is that the terms do note that you’re buying the link rather than its target.