Art collector's court case signals potential legal and contractual issues with NFTs

Liverpool-based art collector and computer programmer Amir Soleymani has recently filed a High Court claim against non-fungible token (NFT) marketplace Nifty Gateway, concerning the auction terms relating to his $650,000 third-place bid for digital artist Beeple’s ‘Abundance’ NFT. Although Soleymani’s claim represents one of the first legal cases in the…