Singapore High Court Rules That NFTs Constitute Property For Purposes Of Injunction

07 Nov 2022 CaseWatch

William Blackstone once remarked that “[t]here is nothing which so generally strikes the imagination and engages the affections of mankind, as the right of property”. Blackstone’s prescient comments continue to hold true in the present day. The General Division of the High Court, in Janesh s/o Rajkumar v Unknown Person (CHEFPIERRE) [2022] SGHC 264, explored the novel issue of whether non-fungible tokens (NFTs) give rise to proprietary rights that could be protected by an injunction and, in granting an interim proprietary injunction restraining the defendant from dealing with an NFT, found that they do.

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