The advocacy group Stand With Crypto, initiated by Coinbase, has established an NFT legal defense fund totaling $6 million
ChainCatcher news, according to Cointelegraph, the political advocacy group Stand With Crypto, led by Coinbase, has launched a legal defense fund for NFT projects. The fund, named the "Creator Legal Defense Fund," has a scale of $6 million and is supported by venture capital firm a16z and the NFT marketplace OpenSea.According to information from the Stand With Crypto website, the fund is also supported by law firms such as Fenwick & West LLP, Goodwin Procter LLP, and Latham & Watkins LLP.Previous news, a16z crypto contributed $1 million to jointly establish the Creator Defense Fund.