What happens if the owner of Bitcoin loses their private key? (And is the owner really the owner?) The courts recently grappled with this perplexing question, as Malcolm Dowden and Owen Afriye, of Squire Patton Boggs, explain in this week’s NLJ
The case, Tulip Trading, lifted the lid on liability and remedies in the ultra-mysterious (at least to the uninitiated) world of crypto. The court set out their reasons for why Tulip Trading were unlikely to establish that the defendants breached their fiduciary duties. It’s a fast-paced area of law with vast realms of landscape still to be mapped..
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