England will allow sending legal documents via NFT

The High Court of England and Wales has granted Fabrizio D’Aloia, founder of the Italian online gambling company Microgame, to file a claim through his lawyers Giambrone & Partners LPP to anonymous persons through an NFT drop to their wallets.

This move will allow Mr. D’Aloia to serve legal documents to these unknown users through their wallets.

This news is quite significant for the crypto world, as it leaves a precedent in which it will be possible to have one more defense against scams and hacks that are often done through wallet addresses.

“This is very important because it shows the court’s willingness to adapt to new technologies and embrace blockchain and, in fact, step in to help consumers where previous legislation and regulators simply could not,” Joanna Bailey, an attorney at Giambrone & Partners LPP who worked on the case, told CoinDesk.

D’Aloia said he was duped by an online broker into depositing around USDT2.1 million and USDC230,000 in wallets that turned out to be fraudulent.

But thanks to the England court D’Aloia is allowed to sue the responsible persons by sending the court documents through an NFT to the wallets.

It remains to be seen what will happen in the future with this lawsuit, because if it comes out well we may see new regulations in the crypto and NFT world.

In The Blue Manakin, we want to remind you that although the crypto world is the future of finance, we can still encounter many scams with which we can lose our money, so it is important that before sending money do your best to verify the veracity and that with the slightest doubt you have a stop to think a little bit. Also, remember that we should never invest money that we cannot afford to lose.