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Inside Arbitration: Cyber disputes – are there borders in the blockchain?

Herbert Smith Freehills

This poses fundamental questions for legal systems designed for conventional businesses with connections to physical locations. In April and May 2021, Mr S participated in an auction of digital art held by Nifty, placing a bid for an NFT associated with an artwork by Beeple titled "Abundance". His US$650,000 bid was the third highest.

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