China’s first court ruling on NFT art theft holds marketplace accountable

  • An NFTCN user listed an NFT using a cartoon picture created by artist Ma Qianli without permission, the plaintiff said
  • The court decided that the platform failed to check whether the user who created the NFT was the rightful owner of the artwork

A visitor observes NFT works at an exhibition in Yogyakarta, Indonesia. A Chinese court recently ruled on a case regarding NFT art theft. Photo: AFP

A court in China’s eastern city of Hangzhou handed down the country’s first landmark ruling on a case involving non-fungible tokens (NFTs), holding a marketplace accountable for allowing a user to create a token from stolen artwork.

The lawsuit was filed by Shenzhen-based company Qice against Hangzhou-based BigVerse, which operates the marketplace NFTCN.

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