Ping® by Aderlaw March 2026 – NFTs show creative application of traditional trademark, unfair competition, and reputational-control doctrines

Lawsuit in the Southern District of New York Settles $69 Million NFT Claim over Beeple’s “Everydays: The First 5000 Days

According to Artnet, in March 2021, Beeple’s Everydays: The First 5000 Days sold for $69.3 million, “sending an earthquake through the art world.” The lawsuit matters because it shows how traditional trademark, unfair competition, and reputation control doctrines are used. These doctrines police identity and authorship claims in the NFT/crypto space. This happens despite all the tech novelty.

The lawsuit settlement confirms a single person purchased the NFT. A former independent contractor denied any role in the sale. The NFT market has since sharply declined.

The settlement ends one of the few long-running sagas over NFTs.

When your brand, reputation, or creative work is on the line, you need counsel who understands both the traditional rules and how they apply to fast‑moving technologies. Trademarks and digital branding go hand in hand. If you’re facing a dispute or want to proactively tighten your assets, reach out to discuss your situation and explore practical strategies tailored to your business.

Combatting Online Reputation Attacks: A Business Guide

The Internet, and user-generated review sites such as Yelp! and others, make it easy to engage in online attacks to the reputation of both individuals and companies. Unfortunately, pervasive online reviews and review sites,  can, and do, cause serious damage to businesses. 

While “attacks” come from a variety of sources, most originate from disgruntled employees, competitors, disillusioned investors, professional extortionists (e.g. “mug shot” web sites) or just regular people upset with a company (or its managers).   

Attacks come in many forms.  Some are legitimate concerns on consumer-protection websites. But some are customers and competitors who post false information on social media or false reviews.

This article provides multiple approaches and practices for dealing with online attacks on personal and business reputations. 

  • Understand online risks. Online reviews and social media make it easy for disgruntled employees, competitors, and others to publish damaging or false information that can quickly harm a business’s reputation.
  • Form a response team. When attacks occur, assemble a coordinated team (legal, PR, marketing, tech, and an internal lead) to assess the threat, plan strategy, and decide how to counter or dilute the negative message.
  • Evaluate harm and when to sue. Analyze financial data, traffic, and business trends to decide whether the attack is actually hurting profits and whether litigation is worth the cost, risk, and potential extra publicity.
  • Investigate the attacker. Gather information about whether the attacker is anonymous or known, a one‑time complainer or a persistent campaigner, and how large and influential their online audience is.
  • Unmask anonymous posters carefully. Use investigators, subpoenas to platforms and ISPs, forensic exams of suspected devices, and (in some cases) affidavits to identify anonymous attackers, while staying within ethical and procedural limits.
  • Use platform rules to remove content. Rely on website terms of service and reporting tools (for sites like Yelp or Wikipedia) to argue that content violates their rules and should be taken down or edited.
  • Pursue quiet, practical fixes. Consider confidential negotiations or settlements with the author, asking traditional media to update or remove outdated stories, and using ORM or SEO tactics to push harmful links lower in search results.
  • Leverage courts and de‑indexing. In serious cases, obtain court orders against attackers and then present those orders to search engines (like Google) to have harmful links de‑indexed from search results, even if the content remains online.
  • Litigate strategically and beware anti‑SLAPP. If filing suit (often as a John Doe case initially), ensure solid legal grounds, proof of falsity and damages, and an ability to withstand anti‑SLAPP motions so the case does not backfire publicly.
  • Prove and recover damages. Use lost‑profit evidence and expert estimates of ORM/cleanup costs to quantify harm, invoke defamation per se where available, and in competitor‑fake‑review cases seek remedies under the Lanham Act for false advertising.