Help โ€” nFT of someone else's art

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Illustrative scenario prepared by my practice.
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
Hypothetical question

I've been trying to resolve this on my own but I'm stuck.

NFT of someone else's art. I've been dealing with this for about 5 weeks now and the situation isn't improving ngl.

This involves content I created over the past 23 months. I do not have documentation proving my ownership and timeline.

Has anyone been through something similar? What worked for you?

Illustrative response

Here's my take on the legal issues.

This is a common situation and the law is fairly clear. Under 17 U.S.C. ยง 106, substantially similar.

Before taking legal action, consider sending a formal demand letter. In many cases, this alone resolves the issue.

Illustrative response

Been there. Here's what I learned.

A lot of people mess up by is hiring an attorney to send the initial letter. I'd recommend being patient with the process instead.

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Have you tried reaching out to your state's consumer protection office? They sometimes have free resources or mediation services.

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Look idk, i went through almost the exact same thing.

Most folks screw this up by is escalating to a supervisor/manager. I'd recommend following the formal complaint procedure instead.

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Oh god, another one of these.

The #1 mistake I see here is escalating to a supervisor/manager. I'd recommend following the formal complaint procedure instead.

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Regulatory update: SEC's stance on what constitutes a security in crypto keeps shifting. The Howey test for staking tokens is still evolving. If you're building a DeFi protocol, get legal advice BEFORE launch.

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Binance US is basically a different entity from Binance International. If your funds are stuck on the international platform and you're a US person, your options are limited due to sanctions and regulatory restrictions.

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Have you looked into using a crypto-specific tax software? CoinTracker and Koinly both handle DeFi pretty well now.