English High Court recognizes NFTs as ‘property’ and makes proprietary interim remedies available to protect investors

In an important ruling, the English High Court has recognized for the first time that there is an arguable case that non-fungible tokens (NFTs) are to be treated as property under English law. This means that the powerful proprietary remedies available to victims of cryptocurrency fraud are also available to NFT fraud victims.

Source: NFT fraud: the English court recognises NFTs as ‘property’ and makes proprietary interim remedies available to protect investors