Cryptoasset disputes have gained prominence in the past four years—last year, there were 19 cryptoasset claims in the English courts, of which five were fraud claims
This compares to four such claims in 2019.
This quadrupling of disputes reaching court ‘mirrors the growth in recent years of cryptoasset ownership and related crime,’ said Marc Jones, partner at Stewarts, which published the figures in its recent Commercial Fraud Report.
‘The English courts have responded quickly in adapting English law to give victims a better chance of recovering their assets. That in turn may be encouraging more victims to take action in the courts.’
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