The UK court accepts the lawsuit in the case of alleged fraud

A British court has for the first time allowed a lawsuit to be filed via a non-fungible token (NFT).

This measure was implemented by the Supreme Court of England and Wales, after Fabrizio D’Oloya, founder of Microgame, an online betting company, decided Two unidentified persons prosecuted for alleged fraud.

The businessman claims to have been scammed by an online bookie who gave him my wallet address. According to D’Aloia, they turned out to be fraudulent and that’s what made him A loss of $2 million in Tether (USDT) and 230,000 in USDC Circuit (USDC).

In this sense, D’Aloia and his legal team decided to send the requests in NFT format to two people who appear to be linked to the digital wallets. He claims that his cryptocurrency is on the exchanges of Bitcoin (BTC) and other cryptocurrencies such as: Binance, Poloniex, Gate.io, OKX and Bitkub.

Fabrizio D’Aloia decided to code the requests to be sent to fraudulent addresses. Source: Wikipedia.

One of the lawyers for the entrepreneur, Joanna Bailey, considers this an important fact because it shows “the will of the court to adapt to new technologies and adopt blockchain,” He said to Coindesk.

The procedure opens the door to justice for Helping Cryptocurrency Users in Space Where neither laws nor regulatory entities can intervene before.

NFTs are mostly used in areas of entertainment such as gaming or digital art, but they work too Token versions of other digital items or real-world objectsas defined in Criptopedia, the educational section of CriptoNoticias.

Based on these tokens, digital identity systems, certificates, licenses, event tickets and now in England have also been created.

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Terry Alexander

"Award-winning music trailblazer. Gamer. Lifelong alcohol enthusiast. Thinker. Passionate analyst."

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