Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

Federal Judge Permanently Bars MetaBirkins NFT Maker From Selling Birkin-Based Collectibles

CoindeskCoindesk2023/06/26 20:34
By:Elizabeth Napolitano

The judge’s order comes several months after a jury found the NFT collection’s maker infringed on Hermes’ intellectual property.

Screengrab of MetaBirkins from Instagram

A federal judge has permanently banned a non-fungible token (NFT) maker from selling digital art collectibles fashioned after Hermes’ iconic Birkin bags, closing out a lengthy court saga that has served as a warning to NFT makers.

Judge Jed Rakoff, who presided over the case in the U.S. District Court for the Southern District of New York, Rothschild and his associates to abstain from minting or selling MetaBirkins NFTs or using online domains associated with the collection. He also doubled down on a jury’s findings that Mason Rothschild, the collection’s creator, attempted to mislead consumers about his digital art pieces’ connection to Hermes’ luxury bags.

“As the jury expressly found, Rothschild, a self-described ‘marketing strategist,’ purposely sought (with some success) to confuse consumers into believing that his non-fungible tokens (‘NFTs'), labeled ‘MetaBirkins…’ were affiliated with Hermès’ iconic ‘Birkin’ trademarks,” Judge Rakoff wrote in a filing on Friday.

He added, “In effect, the jury found that Rothschild was simply a swindler.”

The judge’s permanent injunction marks the final judgment in the months-long lawsuit. It is possible Rothschild can appeal the ruling, however.

Rothschild’s lawyer declined CoinDesk’s request for comment.

The MetaBirkins NFT collection, a set of 100 digital art collectibles, garnered considerable attention when it dropped in December 2021, generating more than $1 million in sales, Reuters .

However, French fashion house Hermès International sued the MetaBirkins NFT creator in January 2022, alleging the California-based artist’s Birkin-inspired collection infringed on its intellectual property rights. In February, a jury , awarding the company $133,000 in damages.

Rothschild’s loss to Hermes serves as a warning to other creators in the underregulated NFT space, where intellectual property infringement isn’t entirely uncommon. In recent months, NFT analytics firm bitsCrunch flagged a popular NFT collection Coodles' use of McDonald’s iconic golden arches logo. And, last year, Nike for selling Unauthorized images of its sneakers as NFTs.

Edited by Nikhilesh De.


200

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

You may also like

6 Reasons XRP Price Could Hit $1 This Summer (Opinion)

Many are wondering if XRP can reach $1 anytime soon. Well, here are a few reasons in support.

Cryptopotato2024/07/21 16:55

‌Spot copy trading

More
AIOnline
AIOnline
insight1000/1000
11318.51%
ROI
Total profit $57724.41
HappyPlanets
HappyPlanets
insight500/500
18780.56%
ROI
Total profit $37561.09

Bot copy trading

More
TopTrader85
TopTrader85
insight150/150
$13284.03
Total profit
Total subscriber profits $137.16
GridOnly
GridOnly
insight150/150
$9015.2
Total profit
Total subscriber profits $107.17