Fraud involving digital assets, specifically cryptocurrency, is rapidly increasing on both sides of the Atlantic. In the UK, the value of reported crypto-fraud increased 41% between 2022/2023 reaching a record £306m, whilst...more
5/2/2024
/ Anonymity ,
Asset Seizure ,
Bitcoin ,
Blockchain ,
Cryptocurrency ,
Digital Assets ,
Digital Wallets ,
Enforcement ,
Fraud ,
Jurisdiction ,
Non-Fungible Tokens (NFTs) ,
Service of Process ,
UK
Considered as a cheaper, quicker and less stressful mode of dispute resolution, alternative dispute resolution (“ADR”) is no longer seen as an “alternative”, and indeed has been re-named “NDR” (negotiated dispute resolution)...more
Commercial disputes between individuals and/or companies often involve complex issues and debate. Sometimes, however, a claim is made without any legal and/or factual basis and, despite best efforts, the claimant is...more
The English courts have sought to lead the way in adjudicating crypto-related disputes and other technological matters in an international context. Recent decisions have demonstrated the English courts’ willingness to assist...more
2/21/2023
/ Commercial Court ,
Corporate Counsel ,
Cryptoassets ,
Cryptocurrency ,
Fiduciary Duty ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
FinTech ,
Jurisdiction ,
Non-Fungible Tokens (NFTs) ,
UK
The Commercial Court has held that a bank waived privilege in all contemporaneous communications with its lawyers relating to particular transactions, as the bank had referenced and deployed certain documents containing legal...more