Source: news.google.com
Legal Technology
The metaverse and Web3 are hot, but the law is stuck on Web1
Photo illustration by Sara Wadford/Shutterstock
If a thief steals a CEO’s avatar and makes an inflammatory statement while posing as the executive that sends the company’s stock plummeting, that’s a crime in the metaverse.
Or if a person sexually harasses another avatar in the metaverse, they could expose themselves to civil or criminal liability.
Avatars can be held liable, but the cases will be difficult to prosecute under existing laws, says Jesse Lake, an associate in the New York City office of Latham & Watkins.
“Current laws have not been adapted to provide adequate recourse to…
Read More at news.google.com