NFT Thefts Leave Experts Wondering How To Insure The Asset

By Angela Childers (January 14, 2022, 8:03 PM EST) -- The buzz surrounding NFTs has many legal experts speculating how these digital assets might be insured as more and more are stolen, raising questions about where the value lies and how it could be quantified in the volatile marketplace.

There are currently no products that specifically insure the value of NFTs, Richard Giller of Greenspoon Marder LLP told Law360. (iStockPhoto/elenabs)

Nonfungible tokens are data files that are forged on the blockchain and individually identifiable and unique. Although the first NFT was created in 2015, its explosion in popularity is much more recent, and sales have been staggering. In September, Christie's auction house announced...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!