The Singapore court approves financial investigation company iSanctuary to use legal document NFTs to tag hacker accounts

ChainCatcher news, according to Cointelegraph, the Singapore High Court has allowed the financial investigation company Intelligent Sanctuary (iSanctuary) to attach NFTs containing legal documents to cold wallets associated with a hacking incident. The NFT will not prevent transactions with these wallets but will serve as a warning to counterparties and exchanges that these wallets were involved in a hacking event.

Additionally, iSanctuary claims they have designed a method to track funds leaving these wallets, also implemented through the NFT, which will be permanently attached to these wallets.