LockMeta
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Metaverse
  • Business
  • Markets
  • Policy
  • Press Release
Twitter Telegram
LockMeta
Twitter Telegram
Google News
  • Latest News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Metaverse
  • Business
  • Markets
  • Policy
  • Press Release
LockMeta
News

The Recording Industry Association of America asks music NFT platform HitPiece to stop selling NFTs

February 8, 2022
Share Facebook Twitter Telegram WhatsApp Pinterest LinkedIn Tumblr Email Reddit VKontakte

On February 8, the Recording Industry Association of America (RIAA) sent a lawyer’s letter to the lawyers of the music NFT platform HitPiece, asking the platform to stop selling NFTs.

The RIAA asked HitPiece to stop infringing on the musicians’ intellectual property rights and take responsibility for selling NFT music without the original artist’s consent. RIAA chief legal officer Ken Doroshow wrote in the letter that HitPiece appears to be nothing more than a hoax designed to exploit fans’ love of music and desire to connect more closely with artists, using buzzwords and jargon to disguise their complete failure to obtain necessary rights. Fans are led to believe that they are buying NFTs that are genuinely related to the artist and their work, which is not the case. While the operator currently appears to have taken the main HitPiece site offline, this move is necessary to ensure a fair accounting of the damage HitPiece and its operators have done, and to ensure that the site or imitators are not simply taking another Names continue their scam.

Previous ArticleKPMG: Fintech investment to reach $210 billion in 2021, crypto sector sees biggest growth
Next Article Bithumb will partner with 300FIT to distribute NFTs to Korean Olympic medalists

Related News

February 5, 2023

The Ethereum expansion project Scroll improved the v2 bridge and ZK architecture this week

February 5, 2023

SHIB rises 13% on Saturday, hits 4-month high

February 5, 2023

The Arbitrum ecological stable currency project SperaxUSD was attacked yesterday

February 5, 2023

Yuga Labs has removed wallet “0x3977″‘s DooKey Dash game high score, Mongraal is back on top

February 5, 2023

Bitcoin and Ethereum Whales Move $743 Million in Crypto in Three Massive Transfers

February 4, 2023

Morgan Creek Capital CEO: The next crypto bull market may start in the second quarter of 2023

February 4, 2023

Bitcoin Price Could Hit $45,000 Before Christmas

February 4, 2023

FTX-Backed NFT Company Limit Break Launches $6.5M Super Bowl Commercial

The Latest
Ethereum News February 5, 2023
The Ethereum expansion project Scroll improved the v2 bridge and ZK architecture this week
Altcoin News February 5, 2023
SHIB rises 13% on Saturday, hits 4-month high
Altcoin News February 5, 2023
The Arbitrum ecological stable currency project SperaxUSD was attacked yesterday
Business News February 5, 2023
Yuga Labs has removed wallet “0x3977″‘s DooKey Dash game high score, Mongraal is back on top
Ethereum News February 5, 2023
Bitcoin and Ethereum Whales Move $743 Million in Crypto in Three Massive Transfers

LockMeta provides the latest crypto news flash including Bitcoin, Ethereum, Altcoins, NFTs, Metaverse, Business and Policy. Get today's latest crypto news in a minute.

Twitter Telegram
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Metaverse
  • Business
  • Markets
  • Policy
  • Press Release
  • About Us
  • Contact Us
  • Advertise
  • Terms of Service
  • Privacy Policy
© 2023 LockMeta.

Type above and press Enter to search. Press Esc to cancel.