The keepers of the keys: remedies and legal obligations following misappropriations of cryptocurrency

This article addresses two important legal issues arising from the recent misappropriation of Bitcoin following the hack of the Bitfinex exchange. First, how is legal ownership of Bitcoin determined when the keys to access Bitcoin wallets are spread across a number of parties, and what is the impact of Bitcoin trading? Second, what remedies exist for the misappropriation of Bitcoin in such segregated wallets? It is only if these two questions can be answered with certainty that users of Bitcoin markets can be assured of the security of their cryptocurrency.

Click here to read the full article.

JIBFL will be sharing two articles per month on-line only. They will be available on the Loan Ranger blog one month after publication in LexisLibrary.   

Filed Under: JIBFL

Relevant Articles
Area of Interest