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ARTICLE · 03 MARCH 2022

Rose Discusses The Need For Interdisciplinary Approach In NFT Work

Pryor Cashman LLP
Pryor Cashman LLP
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Pryor Cashman LLP

Pryor Cashman LLP

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David Rose is a partner in Pryor Cashman's Litigation, Media + Entertainment, and Sports practices, a member of the Firm's Executive Committee...

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David Rose is a partner in Pryor Cashman's Litigation, Media + Entertainment, and Sports practices, a member of the Firm's Executive Committee, and a co-chair of the Alternative Dispute Resolution practice. Rose recently sat with the Daily Report to discuss emerging issues related to popular digital assets known as NFTs or non-fungible tokens. According to law.com:

David Rose, a partner at Pryor Cashman in New York City, said as NFTs continued to gain popularity, he anticipated seeing an uptick in cases related to fraud.

"The irony of it all is that an NFT is supposed to denote unique and singular ownership of something. It's supposed to basically create a sense of legitimacy in terms of authenticity," Rose said. "But what you're seeing now is that there are fraudulent NFTs being put up on NFT marketplaces."

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