Hermes wins U.S. trademark trial over 'MetaBirkin' NFTs
A Manhattan federal jury on Wednesday concluded that an artist's non-fungible token versions of Hermes' (HRMS.PA) famous Birkin bags violated the French fashion house's trademark rights.
In one of the first intellectual-property trials over the popular digital tokens known as NFTs, the jury found artist Mason Rothschild's unauthorized "MetaBirkins" were likely to confuse consumers.
The jury awarded Hermes $133,000 in damages for trademark infringement, dilution, and cybersquatting, the U.S. District Court for the Southern District of New York confirmed.
More: "Hermès wins U.S. trademark trial over 'MetaBirkin' NFTs" Reuters, 9 February 2023
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