Legal

What does New York’s abrupt winding back of auction house regulations mean for the art market?

The houses say they will not change their practices, but the move could mean more opaque bidding and guarantees

NFTnews

NFTs ruled as digital assets after Singapore court freezes blockchain sale of Bored Ape

Collector has won a court injunction to stop the sale of an NFT that was used as collateral against a loan

Art marketanalysis

Experts fear New York City slashing auction house regulations could erode collector trust and confidence

As the city council cuts auction regulations, the houses say they will not change their practices, but the prospect of more opaque bidding and guarantees may prove irresistible

NFTnews

NFTs recognised as ‘legal property’ in landmark case

Victims of NFT thefts are now likely to have greater protection in the UK—though other jurisdictions are lagging behind

New Twitter safety rules banning non-consensual imagery branded 'a declaration of war against photojournalists'

Social media giant will now delete published images and videos that violate a person's privacy—a move that could prove detrimental to news reporting

The socialite collectors, the $700,000 Cecily Brown painting and the first-refusal contract—lawsuit reveals secret machinations of the art world

Chinese collector Michael Xufu Huang was covertly buying works on behalf of the Monaco-based Federico Castro Debernardi for a 10% commission. But then he got stung

Douglas Chrismas arrested for allegedly embezzling over $260,000 from Ace Gallery’s bankruptcy estate

Chrismas, who founded the Los Angeles gallery in 1967, is accused of embezzling the funds while acting as the estate’s trustee and custodian