The post Beeple Everydays ownership ruling clarifies NFT credit appeared on BitcoinEthereumNews.com.

The landmark sale of beeple everydays has now been matched by a definitive legal ruling over who can claim credit for the record-breaking NFT purchase. From record $69.3 million sale to identity revelations When Beeple‘s “Everydays: The First 5000 Days” sold for a record $69.3 million at Christie’s in 2021, the winning bidder quickly stepped into the spotlight. The buyer was a Singapore-based crypto fund called Metapurse, founded by a figure using the pseudonym Metakovan, with apparent support from another pseudonymous partner, Twobadour. By 2022, that partnership had fractured. Metakovan and Twobadour, whose real names are Vignesh Sundaresan and Anand Venkateswaran respectively, formally split. Moreover, their separation soon escalated into a high-stakes legal dispute centered on who could claim involvement in the celebrated NFT acquisition. The lawsuit over authorship of the purchase In 2023, Sundaresan and his company Portkey Technologies filed suit against Venkateswaran. The complaint accused him of trademark infringement, injury to business reputation, and dilution, all tied to statements suggesting he had participated in the purchase of Everydays. However, Sundaresan insisted that Venkateswaran had no role in the decision or the transaction itself. According to the filing, Venkateswaran was only an independent contractor for Metapurse at the time of the Christie’s auction. That said, Sundaresan argued that any public implication that his former colleague had been a co-buyer or central decision-maker misrepresented the facts and harmed both Portkey and Metapurse’s brand. Court ruling: who can claim credit for Everydays The conflict reached its legal conclusion in January, when J. Paul Oetken, a federal judge in the Southern District of New York, approved a final judgment upon consent between the parties. The consent judgment, signed by both Sundaresan and Venkateswaran, set strict boundaries on how the historic NFT purchase can be described. Under the agreement, Venkateswaran is legally barred…

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Filed under: News - @ March 21, 2026 6:15 pm