Decentralized Lawyer
Sohaib M. Habib
Focus on building your Web 3.0 brand. Let me deal with the legal uncertainties.
Legal Services
Cutting edge litigation services for victims of cryptocurrency, non-fungible token (NFT), or blockchain rug pulls and fraud. Read More….
Litigation services for most civil and commercial matters, including appearances in Small Claims Court, Superior Court, and Federal Court. Read More…
Assisting with complex intellectual property (IP) matters including IP protection, IP licensing agreements, and IP litigation. Read More…
Optimize your business structure to reduce your personal liability while optimizing taxes. Specialized offerings include advice for projects launching a decentralized autonomous organization (DAO). Read More…
Assisting with terms of service, roadmaps, and whitepapers for cryptocurrency or NFT launches, including airdrops to significantly reduce securitization risk. Read More…
Drafting and reviewing commercial contracts including NFT licensing agreements, NDAs, and non-competiton, and consultancy agreements. Offering contract review for global transactions. Read More…
Notable Work
Ontario Superior Court of Justice (ONSC) Allows Service via NFT Airdrop
McRae-Yu v. Profitly Incorporated et. al – (June 15, 2023) – Sohaib acted for the Plaintiff in a class action involving the sale of non-fungible tokens (NFTs). The Ontario Superior Court of Justice (ONSC) allowed service of the statement of claim and Mareva injunction Order via an NFT airdrop into 13 cryptocurrency wallets. This appears to be the first time a Canadian court has allowed Defendants to be served through an NFT airdrop.
Publications and Media
- Non-Fungible Tokens (NFTs): Emerging Legal And Policy Considerations (LexisNexis) (February 26, 2024) (Order Now!)
Non-fungible tokens (NFTs) are blockchain-based assets which represent a paradigm shift in what it means to own physical or digital property. NFTs have a large range of applications, from ownership of digital art, to membership in an exclusive “metaverse” community, to representing ownership of real-world assets like real estate. Surprisingly, however, there is currently no legislation and almost no guidance from regulators in Canada relating to NFTs.
This book is the first of its kind worldwide and is intended to help readers understand the technology that underpins NFTs as well as the cutting-edge legal issues they present. It is a must-read for anyone seeking to understand NFTs and their legal and policy implications.
- Cryptocurrency Law (Episode 88) – Lawyered Podcast (November 8, 2023) (Available on Apple Podcasts here).
- “Cryptocurrency Mixers: OFAC Sanctions and Canadian Treatment” – LexisNexis Practical Guidance (August 29, 2023)
- ” Canadian court allows service via NFT ‘airdrop‘ ” – Law360 (July 26, 2023) (Reproduced here).
- “Investment Contracts and Cryptocurrency Tokens: A Review of the SEC v. Ripple Decision” – LexisNexis Practical Guidance (July 25, 2023)
- “Non-Fungible Token Purchase and License Agreement” – LexisNexis Practical Guidance (July 2023)
- “Crypto Trading Platforms and Binance’s Exit from Canada” – LexisNexis Practical Guidance (May 23, 2023)
- “Copyright Issues: Non-Fungible Tokens and Tokenized Art” – LexisNexis Practical Guidance (February 19, 2023)
- “Cryptocurrency Regulation (Canada, US, and EU)” – LexisNexis Practical Guidance (January 30, 2023)
- “Non-Fungible Tokens” – LexisNexis Practical Guidance (December 23, 2022)
Schedule A Consultation
Get in touch! Let’s discuss your specific legals needs and how I can help.