Hermes Bags Win in Digital Token Copyright Case

Digital token featuring copies of Hermes Birkin bags did infringe the fashion houses trademark rights. The case before a federal court in Manhattan was one of the very first disputes over the popular non-fungible tokens to go all the way to trial. Now, the French luxury design house has been awarded $133,000 in damages. This is for trademark infringement, dilution, and also, sky besquatting.