French Luxury House Hermès Wins NFT Trademark Lawsuit

After a year-long legal battle, French luxury brand Hermès wins the case against MetaBirkins’ creator. Rothschild’s MetaBirkins NFT collection was the subject of the Hermès lawsuit. The jury determined that Rothschild did profit from Hermès’ goodwill by establishing NFTs based on the fashion house’s Birkin bags. Later, the court awarded Hermès $133,000 in damages.