The Singapore Excessive Court docket has allowed monetary investigation agency Clever Sanctuary (iSanctuary) to connect nonfungible tokens (NFTs) containing a authorized doc to chilly wallets related to a hack, in accordance with United Kingdom-based iSanctuary and native press accounts.
A court-issued worldwide freeze order was tokenized as soulbound NFTs and hooked up to the wallets in query. The NFTs won’t stop transactions with the wallets however will function a warning to counterparties and exchanges that the wallets had been concerned in a hack. As well as, iSanctuary claimed it has devised a way of monitoring funds leaving the wallets, due to the NFTs. The NFTs might be completely hooked up to the wallets.
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