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UK Court recognizes NFTs as ‘private property’ — What now?

At the beginning of May, the British Web3 community celebrated an important legal precedent — the High Court of Justice in London, the closest analog to the United States Supreme Court, has ruled that nonfungible tokens (NFT) represent “private property.” There is a caveat, though: In the court’s ruling, this private property status does not extend to the actual underlying content that NFT represents. Cointelegraph reached out to legal experts to understand what this decision could possibly change in the British legal landscape.  The theft of Boss Beauties In February 2022, Lavinia D. Osbourne, founder of Women in Blockchain Talks, wrote on Twitter that two digital works had been stolen from the Boss Beauties — a 10,000-NFT collection of empowered women that was created by “Gen Z chan...

Osun government says 14 local councils affected by looting

Osun State Government on Thursday said looting of government and private property in the state cut across 14 Local Government Areas, as it commenced return of the looted property items to owners who can identify their property Governor Adegboyega Oyetola had granted 72-hour amnesty period to the looters to return the stolen items which expired on Wednesday, during which some of the looted materials were returned. Supervising the return of the looted items at the Parking lot of the Government House in Osogbo, Secretary of the ad-hoc committee on recovery of stolen items, Mr Samson Owoyokun, said the looting affected fourteen local governments areas of the state. The Senior Special Assistant to the Governor on Special Duties added that most of the looters dropped the items at either roadside...

Nigeria seeks to halt looting amid fury over ‘food warehouses’

Nigerian security forces are struggling to contain increasing cases of looting on government-run warehouses across the country, in the latest incident of unrest following widespread, youth-led protests against police brutality. The storage facilities hold tonnes of relief materials including food meant for distribution during lockdowns previously enforced to stem the spread of the novel coronavirus. While the distribution programme had been temporarily halted across several states in the country in recent months, it emerged this week relief items were still stored in some of these facilities, as well as the private homes of politicians. The news angered many in the country with the biggest number of people living in extreme poverty globally. “The food items belong to Nigerians. Why are the...

#EndSARS: IGP orders clampdown on hoodlums

The Inspector-General of Police, Mohammed Adamu, has ordered the immediate mobilisation of all police operational resources to bring an end to the wanton violence, killings, looting and destruction of public and private property across the country. The IGP said this according to a statement by the Force Public relations Officer, Frank Mba. According to Mr Mba, the directive by the IGP is to reclaim the public space from hoodlums who have operated almost freely in many states. Vandals have attacked public and private property, especially those belonging to politicians, since Tuesday when soldiers shot at unarmed protesters at the Lekki Toll Gate in Lagos. In many states, warehouses holding food aid meant for residents during the COVID-19 lockdown have been broken into and looted. The IGP, a...

#EndSARS: Osun governor declares 24-hour curfew

The Osun State governor, Gboyega Oyetola, has imposed a 24-hour curfew on the state. This is coming barely 24 hours after suspending an initial curfew imposed on the state over the unrest caused by hoodlums. The governor made the announcement in a statewide broadcast on Saturday. Oyetola said the curfew, which takes immediate effect, is indefinite. According to him, the curfew was reintroduced to “prevent the current state of anarchy from degenerating into a large-scale breakdown of law and order.” He said, “Government notes with huge disappointment, the abuse of the suspension, a day ago, of the 24-hour curfew earlier declared in the State to forestall the breakdown of law and order and protect the lives and property of citizens and residents. “It is unfortunate that hoodlums and criminal...