Categories: Regulation News

OpenSea Removes ENS Domain Auctions Following RIAA Complaints

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The removal included non-trademarked domains flagged by the RIAA OpenSea continues to err on the side of caution following intellectual property claims The same week OpenSea laid off 20% of its workforce, the top NFT marketplace removed several music-themed Ethereum Name Service (ENS) domain auctions after receiving a cease and desist letter from the Recording Industry Association of America (RIAA). The letter argued that a number of OpenSea-hosted ENS auctions were in violation of US trademark law, although not all of the domain names contain trademarked material.  OpenSea complied with the letter, continuing the centralized NFT (non-fungible token) exchange’s precedent
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