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Eden Gallery Denies NFT Fraud Allegations, Blames Market Volatility
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Eden Gallery Denies NFT Fraud Allegations, Blames Market Volatility
NFTs have brought about many legal and financial conflicts. The latest controversy involves a well-known art gallery, Eden Gallery. A class-action complaint has been filed by NFT holders who claim fraud and dishonesty over the “Meta Eagle Club” NFT collection. The gallery still claims that any losses suffered by the suers are due to broader market declines and not misconduct. About the Lawsuit In October 2023, 36 petitioners, who bought the NFTs…
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