What We Learned From the MetaBirkin Trial

Early in the trial pitting Hermès against MetaBirkins creator Mason Rothschild, the legal team representing the French luxury house called a blockchain expert to the witness stand to explain non-fungible tokens, or NFTs.

The explanation started off well enough but eventually became so tangled in technical details that the judge, Jed Rakoff, paused the proceedings.

“I’m just a dumb judge so maybe I’m not following everything,” he said,…