FAL WIRE

Nearly two years after the SEC’s last substantive guidance on digital assets, regulatory clarity around blockchain tokens remains elusive. As utility tokens stalled under securities scrutiny, Non-Fungible Tokens (NFTs) have surged into the spotlight—driven by digital art, booming secondary markets, and headline-making sales. This post examines NFTs through the lens of the SEC’s Howey framework, questioning whether NFTs may raise securities law concerns and arguing that contin

The contractual relationship between Fine Art auction houses, art intermediaries and fine art owners: not only sanctions compliance relevant

As COVID-19/ SARS-CoV-2 slithers insidiously among us,If a gallery were to fail, who would be entitled to its inventory?

The sale of fine art prints and multiples carries significant risk, from falsely limited editions to outright fraud. Buyers often rely on Certificates of Authenticity, yet these documents are frequently incomplete, non-compliant, or unverifiable. This post explores the legal requirements governing fine art certificates—particularly under California law—the consequences of non-compliance, and how blockchain-based authentication offers a more transparent, reliable solution for