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NFTs recognised as legal property in landmark case

United Kingdom - May 4 2022 The High Court ruled last week that NFTs are now to be considered legal property, marking a significant step forward for victims of NFT theft, who…

Sotheby’s anticipated NFT sale suddenly withdrawn by consignor

United Kingdom - March 11 2022 “Punk It!”, the first evening sale at Sotheby’s dedicated exclusively to CryptoPunk NFTs (non-fungible tokens), was mysteriously withdrawn at the…

Nazi-looted painting from lost collection returned to Jewish dealer’s family

United Kingdom - January 27 2022 Germany has announced that another Nazi-looted painting will be restituted to the heirs of Jewish dealer Jacques Goudstikker (1897-1940)…

NFT platform OpenSea valued at more than $13 bn following 2021’s boom in digital art

United Kingdom - January 11 2022 One of the most popular platforms for non-fungible tokens (NFTs), OpenSea, revealed in a blog post last week that the company is now valued at $13.3…

New AI tool identifies artists’ “fingerprint” brushstrokes

United Kingdom - January 6 2022 Are the days of art forgers finally numbered? A new artificial intelligence (AI) tool might just provide the answer. Art historians and physicists at…

US billionaire ordered to return looted antiquities worth $70 million (£53 million)

USA - December 14 2021 US billionaire Michael Steinhardt has surrendered his collection of antiquities worth US$70 million (£53 million), after a lengthy investigation…

Jeff Koons sued for copying another artist’s sculpture

USA - December 9 2021 Renowned American pop artist Jeff Koons faces an infringement lawsuit for allegedly copying a sculptural stage setting of a serpent wrapped around a…

Turkey’s claim to marble figure quashed by New York Federal Judge ruling

Turkey, USA - September 14 2021 A New York Federal Judge has decided that a marble figure which is owned by hedge fund billionaire Michael Steinhardt and which has spent decades on…

Bank of England museum removes ten artworks linked to slave trade

United Kingdom - September 8 2021 The Bank of England, which has its own museum, will no longer display eight oil paintings and two busts connected to the slave trade. Earlier this…

New York gallery’s lawsuit against Italy over seized ancient bust dismissed

USA - August 6 2021 A judge has dismissed the New York-based Safani Gallery’s lawsuit against Italy over a seized bust of Alexander the Great. Questions had been raised…