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Beijing and Shanghai Resume Mass Testings as Cases Rise
June’s Looking Like a Game Changer for Beleaguered China Stocks
Foxconn Reproaches Chinese Rivals for Poaching Vietnam Workers
Amazon Plans to Exit $7.7 Billion Race for Cricket Rights
Activision Blizzard Agrees to Union Negotiations With CWA
Boris Johnson’s Endless Battle to Survive
Iran Has Lessons on Grim Survival for Russia Under Sanctions
Apollo, Carlyle See Buyout Fundraising Slow With Markets on Edge
Schwarzman College’s Culture Wars Reflect a New Reality in China
BTS Army Lines Up in NYC, LA to Celebrate New Album With Cash
Jack Del Rio Fined $100K for Comments About Capitol Riot
Redbox Is Fun to Meme
Airline Chaos Makes High Fares Harder to Bear
Inflation Finally Drives a Stake Through ‘Transitory’
Wall Street Executives Can’t Stop Talking About a Recession
A Billion-Dollar Crypto Gaming Startup Promised Riches and Delivered Disaster
Beloved Helsinki Coffee Shop Gets Familiar Faces as New Owners
Google Agrees to Pay $118 Million to Settle Pay Equity Suit
Oracle Women Stumble in Pay Bias Suit While Google Cuts a Deal
Lawmakers Slam Texas Safety Office for English-Only Uvalde Updates
Large Tundra Wildfire in Southwest Alaska Threatens Villages
Children at Forefront of Hunger Crisis Gripping Horn of Africa
Where LGBTQ People Find Safe Spaces Around the World
When Cities Made Monuments to Traffic Deaths
To Get to Net Zero, This City Is Making a Map
Ethereum’s ‘Difficulty Bomb’ Delay Is Bad News for Revamp
Crypto Washout Sends Major Coins to Lowest Levels of the Year
Crypto Lender Celsius’s Token Falls 20% as Terra Concerns Linger

A court in Singapore has issued a freezing injunction preventing the sale of a Bored Ape nonfungible token, in one of the first cases of its kind that could have broad ramifications for digital assets.
The NFT, from the famed Bored Ape Yacht Club series, shouldn’t be sold pending the resolution of an ownership dispute after it was foreclosed on as collateral for a loan, a court said. The law does recognize both fungible and non-fungible tokens as a form of property to which court injunctions can attach, and the NFT case is a consistent application of that same principle, according to Hagen Rooke, a partner at law firm Reed Smith LLP in Singapore, who wasn’t involved in the case.


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