In UK first, court order is airdropped via NFT; stolen bitcoins returned to victim
SINGAPORE In a landmark move by the English court, a summary judgment that was granted in a cryptocurrency case had its order served for the first time via the airdropping of a non-fungible token (NFT).
An NFT a digital asset on a blockchain with a unique identification code was created with a link to a live website that contained the court order. The NFT was then deposited or airdropped on Sept 8 this year into a digital wallet accessible by the fraudsters.
Already a subscriber? Log in Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital $9.90 $9.90/month
No contract
ST app access on 1 mobile device
Subscribe now Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won’t miss out on content that matters to you
