Topic: Cryptocurrency

A Singapore court has restrained a BVI-incorporated company from pursuing litigation in Hong Kong against a US developer of stablecoins, finding the case should be heard in SIAC arbitration. 

02 December 2024

The Ontario Court of Appeal has rejected Binance’s bid to stay a proposed class action, affirming that an HKIAC arbitration clause agreed to by the cryptocurrency platform’s users is void.  

30 October 2024

A panel at GAR Live North America discussed the increasing use of arbitration in the financial sector, including its suitability as a mechanism for resolving cryptocurrency and blockchain disputes. 

26 September 2024

The Singapore High Court has refused to stay a representative action brought by users of collapsed cryptocurrency company Terraform despite a SIAC arbitration clause in its terms and conditions.

01 December 2023

An English court has taken the “rare” step of refusing to enforce a foreign award on public policy grounds, finding that an award won by a US cryptocurrency company in a California-seated JAMS arbitration breached UK consumer law.

19 July 2023

A bankrupt cryptocurrency lender has asked a US court to restrain a Swiss Arbitration Centre proceeding filed by a company that allegedly refused to return US$150 million in digital assets, as its embattled CEO is charged with misleading investors.

13 July 2023

The US Supreme Court has ruled that a lawsuit brought by customers of cryptocurrency exchange Coinbase should be automatically stayed while the company appeals a ruling rejecting its bid to compel arbitration – a move dissenting justices said would open a “Pandora’s box” for parties seeking to frustrate litigation.

26 June 2023

An investor dubbed “Bitcoin Jesus” is pursuing a US$200 million HKIAC claim against a bankrupt cryptocurrency exchange, it has emerged, as he faces a claim for an alleged default that contributed to the platform’s downfall.

05 May 2023

Three investors have filed a class action claim at the American Arbitration Association to recover their assets from a cryptocurrency lender they accuse of conducting a billion-dollar sham transaction to conceal its insolvency.  

05 January 2023

Nearly 100 individual investors are bringing an arbitration against US cryptocurrency exchange Coinbase, alleging a security flaw allowed scammers to drain more than US$21 million in assets from their accounts.

21 October 2022