Fascinating read here by FARRER & Co by Jolyon Connell and Oliver Blundell.
I thought the authors’ comments about NFTs and how English law continues to move with the times were interesting. They explain that this method of service (via NFT) reflects a continued willingness by the English Court to develop English law in a manner which supports victims of cryptocurrency fraud to pursue justice. They say, “In this way, the English Courts continue to be a particularly attractive forum in which to pursue cryptocurrency fraud claims.”
A useful read for anyone in this space.
In the recent case of D’Aloia v Person Unknown & Others [2022], the High Court has approved the service of an injunction and associated disclosure orders on a defendant (in a cryptocurrency fraud claim) via creation of a Non-Fungible Token (NFT) containing the relevant information and then air-dropped into a digital wallet under the control of the defendant.
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