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Blockchain Real Estate Transactions - Have we finally arrived?
Proponents of blockchain real estate transactions believe that cryptocurrency and blockchain technology have the potential to revolutionize the way we handle and record real estate transactions. To date, we have yet to see this idea come to fruition, the primary hurdle being the unwillingness by local municipalities to integrate blockchain technology as an alternative to their current real estate title recording systems.
Guilty! Criminal Convictions in the First Ever NFT and Cryptocurrency Insider Trading Cases
On May 3, 2023, after a week-long trial in the Southern District of New York and two days of deliberations, the federal jury found Nathaniel Chastain guilty of wire fraud and money laundering. Mr. Chastain faces up to 20 years in prison at his sentencing schedule for August 22nd.
Celebrating AANHPI Heritage Month with a Look at Some of the Top Asian NFT Creators and Platforms
In celebration of AANHPI Heritage Month, we, at Ingram’s NFT Newsroom, are highlighting a handful of top Asian NFT creators and/or platforms.
Yuga Labs Scores Another Victory with Summary Judgment Win
Yuga Labs filed a motion for partial summary judgment seeking summary adjudication in its favor on a couple of its claims alleging false designation of origin and cybersquatting, as well as seeking dismissal of certain of defendants’ affirmative defenses and counterclaim.
2023 Q1 SEC AND CRYPTO
The U.S. Securities Exchange Commission seems to have come out of the gate storming in the first quarter of 2023 with its enforcement actions and proposed rules that have changed (or will change) the crypto world fundamentally.
Next Year Your NFT Could Be Subject To Capital Gains Tax of Up to 28%!
On March 21, 2023, the Treasury Department and the Internal Revenue Service issued Notice 2023-27, which, explains the Treasury’s and IRS’s intent to issue guidance related to the treatment of NFTs as collectibles under section 408(m) of the Internal Revenue Code.
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