Cybercrime at the crypto-art market – types of crimes committed against NFT’s creators and owners Cover Image

Cyberprzestępczość na rynku kryptosztuki — formy przestępstw popełnianych przeciwko twórcom i właścicielom NFT
Cybercrime at the crypto-art market – types of crimes committed against NFT’s creators and owners

Author(s): Olivia Rybak-Karkosz
Subject(s): Economy, Law, Constitution, Jurisprudence, Criminal Law, Law on Economics, Financial Markets, Business Ethics
Published by: Akademia Policji w Szczytnie
Keywords: NFT; Non-fungible token; Cybercrime; The Crypto-art Market; NFT’s theft

Summary/Abstract: In this paper, the author aims to analyse the types of crimes committed in cyberspace against creators and owners of NFT. Non-fungible tokens have been favored by the art world (also known as the crypto-art market) for a few years now. They attract numerous digital art creators and cryptocurrency investors. The token is recorded in a blockchain and is used to certify authenticity and ownership. Therefore, the art world is particularly interested in this solution. However, as practice shows, NFT isn’t flawless, and cybercriminals exploit its flaws. Using methods known from typical cybercrimes, they modify their modus operandi accordingly to the crypto-art market practice. In this paper, the author describes examples of breaches of copyright and intellectual property law, as well as examples of the forgery of NFT. In addition, other crimes, such as fraud and theft of NFT, are described. Types of those crimes are, e.g., bypass security systems, phishing, and installation of malware

  • Issue Year: 151/2023
  • Issue No: 3
  • Page Range: 5-15
  • Page Count: 11
  • Language: English, Polish