Members of Wilberforce Chambers have extensive expertise in acting in disputes concerning cryptocurrency. We are involved in three of the biggest and most important cases in the cryptosphere: Re FTX Bahamas; Tulip Trading v Van der Laan; and Wang v Darby (scroll down for further information). The occurrence of such disputes in the English courts has seen a rapid rise in the last few years, and members have been at the forefront of significant developments in the law in this area. The expertise of our members in civil fraud, commercial, trusts and property work provides them with the ability to confidently grapple with the problems that arise in these cases, such problems being frequent given that cryptocurrencies are a very recent form of asset class.
Our members are also comfortable working with blockchain forensic experts who are commonly instructed in such cases, and in explaining the technical nature of cryptocurrencies and their movement on the blockchain to the court.
Our work includes:
- Freezing and proprietary interim relief, alongside disclosure orders (in respect of both cause of action defendants and third parties such as cryptocurrency exchanges)
- Litigating claims concerning cryptocurrency from breach of contract claims to trust claims and claims for breach of fiduciary duty
- Jurisdictional and conflict of law issues, which are extremely common in these disputes
- All advisory and interim stages
- Enforcement of judgments, including how to attack or get at cryptocurrency assets which may be shielded
- Questions relating to the status of cryptoassets (including NFTs) as property