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Luxury Meets Legal Battles in NFT Tech Lawsuit

Summary by Metaverse Post
The luxury fashion sector has increasingly embraced digital advancements, but a recent legal case underscores the obstacles that established companies face when incorporating innovative technology.  Watch Skins Corporation has launched a lawsuit against LVMH, alleging the global corporation of patent infringement in the NFT display technology in smartwatches.  The case, filed in a Texas federal court on March 10, claims that LVMH stole Watch Ski…
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Metaverse PostMetaverse Post

Luxury Meets Legal Battles in NFT Tech Lawsuit

The luxury fashion sector has increasingly embraced digital advancements, but a recent legal case underscores the obstacles that established companies face when incorporating innovative technology.  Watch Skins Corporation has launched a lawsuit against LVMH, alleging the global corporation of patent infringement in the NFT display technology in smartwatches.  The case, filed in a Texas federal court on March 10, claims that LVMH stole Watch Ski…

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Platinum Crypto AcademyPlatinum Crypto Academy

Luxury Fashion Giant LVMH Sued Over NFT Patent Tech for Watches

-> What happens when the worlds of high fashion, luxury watches, and blockchain technology collide? A legal dispute emerges, bringing to light the challenges and complexities of integrating digital assets into luxury products. This is precisely the situation as LVMH, one of the world’s most prestigious luxury conglomerates, faces a lawsuit over alleged NFT patent infringement. At the heart of the controversy is Watch Skins Corporation, a company…

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Platinum Crypto Academy broke the news in on Monday, March 17, 2025.
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LVMH

LVMH

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