Crypto Law (@nftlawguy) 's Twitter Profile
Crypto Law

@nftlawguy

Lawyer | NFTs | Metaverse | Web3 No legal/financial advice. Opinions are my own. Awarded NFT.NYC’s 2022 ‘Most Expert Handling of the Law and NFTs’ Award

ID: 1444792393362931715

calendar_today03-10-2021 22:32:11

254 Tweet

3,3K Takipçi

673 Takip Edilen

Crypto Law (@nftlawguy) 's Twitter Profile Photo

Seth Green got his Bored Ape back. Happy ending for Seth. Matter of time before someone else sues to determine the application of the bona fide purchaser doctrine to NFT ownership

Crypto Law (@nftlawguy) 's Twitter Profile Photo

The Yuga Labs - Ryder Ripps lawsuit is shaping up to be an immense battle. Fenwick & West (Yuga’s hired law firm) and WilmerHale (Ryder’s hired law firm) are both excellent. Looking forward to this precedent-setting case

Crypto Law (@nftlawguy) 's Twitter Profile Photo

Have you seen more or less “copycat” NFTs? I’m seeing less, but unclear if from the recent success of some IP NFT cases or simply because the market is down. Perhaps both?

Crypto Law (@nftlawguy) 's Twitter Profile Photo

For those who store crypto on centralized exchanges, check on your accounts. Unclaimed property laws require these exchanges to report and provide the property to the state if the account is dormant for the statutory period. The state will then liquidate the crypto.

Crypto Law (@nftlawguy) 's Twitter Profile Photo

Did you know states hold your unclaimed property until you claim it? This includes liquidated stocks, crypto, checks, gift card balances, and much more.

Crypto Law (@nftlawguy) 's Twitter Profile Photo

UPDATE: On July 1, 2024, California's prohibition on "drip pricing" becomes effective. Advertising a price that does not include all "mandatory fees or charges" other than taxes and postage/carrier charges will be deemed an unfair method of competition and deceptive act.

Crypto Law (@nftlawguy) 's Twitter Profile Photo

BREAKING: The Supreme Court overturns the Chevron case, increasing the burden on the implementation of regulations. This is a huge win for crypto and all regulated areas. Opinion here: supremecourt.gov/opinions/23pdf…

Crypto Law (@nftlawguy) 's Twitter Profile Photo

Seeing a lot of posts wrongly explaining what the overturning of Chevron means. It does not prohibit an agency from interpreting a statute. It guards against blind deference to that interpretation.

Crypto Law (@nftlawguy) 's Twitter Profile Photo

California is in the process of passing a new bill (AB 1052) that would require holders of cryptocurrency to turn over the cryptocurrency to the state if it is “presumed abandoned.” Many states have already passed bills like this. Message me if you’d like to learn more.