Claims & Disputes

We help individuals and businesses with different legal problems in the blockchain. We provide legal advice and assistance for most blockchain-related issues, including:

• Securities and Consumer Claims
• Cryptocurrency Exchanges Disputes
• Breach of contract disputes
• Data Breach Claims
• NFT Related Claims
• Locked Accounts
• Frozen Assets
• Chargebacks

Background

In recent years, businesses have seen a dramatic surge in the use of Bitcoin and other cryptocurrencies, including Ethereum, Litecoin, Zcash, Dash, and Ripple. Towards the end of 2017, Bitcoin’s market cap exceeded $100 billion, making it worth more than many large US companies, including Goldman Sachs and eBay. However, the initial years of this financial technology were unsettled, resulting in numerous claims and disputes.

Cryptocurrencies are virtual currencies that may be traded on online exchanges for conventional currencies, including the Euro, GBP, or USD, or used to purchase goods and services online. Their popularity has increased dramatically over the past decade. However, due to the lack of a central authority or regulator, their volatility and absence of oversight leave many users legally unprotected.

Cryptocurrency disputes are rapidly developing in the legal field. Cases are filed weekly against coin exchanges and individuals by both private citizens and governments. Given the high volume of inquiries, we generally limit cases to those where more than £10,000 is at issue.

Claims and Disputes Challenges

When a new product emerges, regulations frequently follow. Cryptocurrencies have been available for nearly a decade. During the current market boom, many businesses emerged to compete, and many individuals invested without fully understanding potential ramifications.

Our attorneys are at the forefront of this cutting-edge legal field, representing hundreds of cryptocurrency users deceived or abused by exchange operators in various disputes.

We have prosecuted individual claims against Bitcoin Savings and Trust, Binance, Coinbase, Kraken, and other leading cryptocurrency exchanges, achieving historic results. Additionally, we have represented crypto investors in claims against Initial Coin Offerings (ICOs) where misleading inducements were used to secure investments. In these claims, we argue that pre-functional tokens are “securities” and must be registered with appropriate regulators—a requirement often unmet by issuers.

Unregistered and fraudulently offered securities are a serious threat to investors, and we work tirelessly to protect clients harmed by such offerings.

Our Clients

Our solicitors represent a wide variety of clients, including buyers and sellers of cryptocurrencies, lending institutions, technology developers and platforms, and investors in blockchain and cryptocurrency-related companies.

Conclusion

The unsettled legal landscape and evolving regulations associated with cryptocurrencies present significant risks. Proactive engagement with qualified legal counsel is essential to mitigate liability, protect rights, and ensure informed decision-making in all blockchain-related matters.

Our Process

1 – Planning The Case

Effective case management begins with a comprehensive agreement between our solicitors and clients, establishing clear outcome objectives. Transparent communication ensures clients are informed about feasibility and costs. Our approach is flexible, allowing seamless adaptation as cases unfold to ensure strategic resolution.

2 – Evaluate Situation

We review all documents and evidence relevant to the matter and prepare a preliminary assessment of how they may affect outcomes, including applicable laws or regulations.

3 – File The Case

Settlement is frequently preferable to litigation. Unless compelling reasons exist, our solicitors work collaboratively with clients to structure good faith settlement proposals at the earliest opportunity, improving the likelihood of meeting both outcome and cost objectives.

Expert Guidance

Clients benefit from specialist legal knowledge combined with sensitivity, assertiveness, and experience. Our lawyers guide clients to achieve optimal results while providing individual attention to each case.

Data Protection

We handle highly sensitive information and prioritise robust data security, ensuring clients maximise value from their data while complying with global privacy requirements and mitigating risks.

We Take Care

We monitor the progress of claims and disputes, coordinate the legal process, and ensure consistency in instructions and advice. Clients are kept fully informed at every step of the legal proceedings.