nou nft

US v. Le Ahn Tuan: second criminal indictment for rug pull involving Baller Ape Club NFTs

By: nftjedi July 5, 2022July 5, 2022

UncategorizedAndre Llacuna, Baller Ape Club, Ethan Nguyen, Frostie, Le Ahn Tuan, Rug pull, sliderLeave a Comment

Last week, the U.S. Department of Justice announced several criminal indictments for crypto-related crimes, including the second rug pull case. From DOJ’s announcement: “United States v. Le Ahn Tuan: Le Anh Tuan, 26, a Vietnamese national, was charged with one count of conspiracy to commit wire fraud and one count of conspiracy to commit international money…

Snoop Dogg to open LA restaurant named for his Bored Ape, Dr. Bombay’s Sweet Exploration

By: nftjedi June 4, 2022

UncategorizedBored Ape Yacht Club, De-Collab, Snoop DoggLeave a Comment

Snoop Dogg is teaming up with Food Fighters Universe, a startup co-founded by Andy Nguyen, Kevin Seo and Phillip Huynh, to open a new dessert restaurant called Dr. Bombay’s Sweet Exploration. Sounds sweet! [More from Decrypt] Dr. Bombay is the name of his Bored Ape #6723. There’s already a burger restaurant Bored and Hungry, started…

How did Goblintown NFTs eclipse mfers NFTs? The battle of the no roadmap, no utility, CC0 collections.

By: nftjedi June 2, 2022June 3, 2022

UncategorizedCC0, Creative Commons, Goblintown, mfersLeave a Comment

It’s fun to watch an NFT collection that, like Seinfeld, aspires to nothing. No roadmap. No utility. Donate all IP rights to the artwork to the public domain under a Creative Commons 0 (CC0) license. Sartoshi set the playbook for this brand of NFTs with his mfers. Read Sartoshi’s explanation by clicking the link below.…

How is insider trading of NFTs a felony if it doesn’t involve a 10b-5 securities violation? The wire fraud theory in U.S. v. Nate Chastain, former OpenSea employee.

By: nftjedi June 2, 2022June 2, 2022

UncategorizedCriminal indictment, Insider trading, Nate Chastain, OpenSea, sliderLeave a Comment

Yesterday, the U.S. Attorney for the Southern District of NY Damian Williams announced an indictment against Nathaniel Chastain who allegedly traded at least 45 NFTs while working at OpenSea based on confidential business information that OpenSea would feature the NFTs on its website (thereby attracting greater demand). Chastain allegedly profited by selling the NFTs at…

crop hacker silhouette typing on computer keyboard while hacking system

Federal grand jury indicts former OpenSea employee Nate Chastain for alleged insider trading of confidential business information of NFTs to be featured by OpenSea [download indictment]

By: nftjedi June 1, 2022June 1, 2022

UncategorizedInsider trading, Nate Chastain, sliderLeave a Comment

In a stunning announcement, the US Attorney for the Southern District of NY Damian Williams announced that a federal grand jury has indicted former OpenSea employee Nate Chastain for two counts of felonies: (1) wire fraud and (2) money laundering. The first count of wire fraud is predicated on Chastain’s alleged insider trading of NFTs…

Can Seth Green still use his Bored Ape character in his upcoming series White Horse Tavern even after someone stole his Bored Ape NFT? Probably.

By: nftjedi May 24, 2022May 24, 2022

UncategorizedBored Ape Yacht Club, copyright, De-Collab, decentralized collaboration, Seth Green, sliderLeave a Comment

As I grade law school exams, I came across a complicated scenario IRL that would make for an excellent law school exam. The actor Seth Green revealed a trailer for his upcoming series White Horse Tavern, which uses one of the Bored Ape characters (#8398) from the NFTs he owns. According to Buzzfeed (see below),…

After buying Twitter, Elon Musk changes profile pic to Bored Apes — did Musk buy Twitter for NFT Twitter?

By: nftjedi May 4, 2022

UncategorizedBored Ape Yacht Club, CryptoPunks v. Bored Apes, Elon Musk, MoonPay, slider, TwitterLeave a Comment

Elon Musk just changed his profile pic to Bored Apes–a whole montage of them. This comes after he bought Twitter. Did Musk see the potential in not only Bored Apes, but the community known as NFT Twitter (of which we are a part!). Musk hasn’t shown much interest in NFTs, other than a Feb. 26…

Bored Ape Yacht Club Instagram account hacked, sending scam link to mint fake Otherside NFTs, resulting in loss of $3M worth of Bored Apes

By: nftjedi April 25, 2022

UncategorizedBored Ape Yacht Club, hack, phishing attackLeave a Comment

Aku Dreams NFT launch for Akutars has coding snafu in its Dutch auction, reportedly locking $34M in funds

By: nftjedi April 23, 2022April 25, 2022

UncategorizedAku, Akutar, gas griefing vulnerability, glitch, Micah Johnson, sliderLeave a Comment

Micah Johnson, the creator behind the young black astronaut Aku NFTs, had an unfortunate setback yesterday that no NFT creator ever wants to face. During the launch of the Akutars on Friday, someone discovered a “gas griefing vulnerability” in the smart contract. This vulnerability allowed a third party to lock up the ETH funds that…

MoonBirds owners get “full commercial art rights for the Moonbird they own,” apparently similar to Bored Ape License

By: nftjedi April 22, 2022April 22, 2022

UncategorizedBored Ape Yacht Club, De-Collab licenses, MoonBirds, slider, World of WomenLeave a Comment

Last fall, we reported the then-unusual approach of the Bored Ape Yacht Club IP license. It gave all owners unlimited commercialization rights to their Bored Apes, including the ability to make derivative works. We explained how the Bored Ape IP License was a decentralized collaboration license or De-Collab license because it enabled owners to engage…