Hacker – Techlime https://www.techlime.com News | Tech | Auto | Social Media | Gaming Mon, 13 Jun 2022 09:13:30 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://www.techlime.com/wp-content/uploads/2022/06/techlime-icon.png Hacker – Techlime https://www.techlime.com 32 32 Anonymous hacker given restraining order via NFT https://www.techlime.com/anonymous-hacker-given-restraining-order-via-nft-532/ https://www.techlime.com/anonymous-hacker-given-restraining-order-via-nft-532/#respond Mon, 13 Jun 2022 09:13:30 +0000 https://www.techlime.com/?p=532 Law firms Holland & Knight and Bluestone have served a defendant in a hacking case with a temporary restraining order through a nonfungible token, which makes it the first known legal process to be facilitated by an NFT.]]>

Law firms Holland & Knight and Bluestone have served a defendant in a hacking case with a temporary restraining order via a nonfungible token, marking the first known legal process to be facilitated by an NFT.

The “service token” or “service NFT” was served to an unnamed defendant in a hacking case involving LCX, a Liechtenstein-based cryptocurrency exchange that was hacked in January for almost $8 million. Reportedly, the attack compromised the platform’s hot wallets, resulting in the loss of Ether (ETH), USD Coin (USDC) and other cryptocurrencies.

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