CLAIMS & DISPUTES

We help individuals and businesses with different legal problems in the blockchain.

We can provide legal advice and assistance for most blockchain-related issues, including the following:

• 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 first few years of this new financial technology have been unsettled, resulting in several claims and disputes.

Cryptocurrencies are a virtual form of currency that may be traded on online exchanges for conventional currencies, including the Euro, GBP or U.S. Dollar, or used to purchase goods and services online. The popularity and acceptance of cryptocurrency has increased dramatically since its introduction about a decade ago; however, because cryptocurrency has no single administrator, central authority or repository, its volatility and lack of external regulation and oversight have left many of its users legally unprotected.

Cryptocurrency disputes are rapidly developing in the legal field. Cases are being filed every week against coin exchanges and individuals by both private citizens and governments. 

Because we get so many calls from potential clients who have issues with exchanges, we generally limit the cases we take to those in which more than £10,000 is at issue. We sincerely regret being unable to help everyone.

CLAIMS AND DISPUTES CHALLENGES

When a new product starts to develop, regulations frequently follow. Cryptocurrencies have been available for the better part of a decade. During the current boom, many businesses sprung up to compete and many people purchased cryptocurrencies without realising the possible ramifications of their investment.

Our attorneys are at the forefront of this cutting-edge field of law, having represented hundreds of cryptocurrency users deceived and abused by cryptocurrency exchange operators in a variety of legal disputes.

We have prosecuted individual claims against Bitcoin Savings and Trust, Binance, Coinbase, Kraken, and other leading cryptocurrency exchanges; and for our clients, we have achieved historic results.

In addition, we have represented, crypto investors in claims against Initial Coin Offering (ICO) who believe they were led astray by misleading or false inducements used to secure their cryptocurrency investments. 

Moreover, we have alleged in each of those claims that the pre-functional tokens offered by the issuers were, by definition, “securities” that had to be  (but were not) registered with the appropriate securities regulators. 

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

OUR CLIENTS

Our solicitors have the expertise to represent a wide variety of clients.  These include 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 regulations associated with cryptocurrencies raise significant risks for anyone getting involved in this field. The best practice is to be proactive and seek qualified legal advice before moving forward, consulting experienced counsel as soon as possible can mitigate liability and protect your rights.

Our Process

1. Planning The Case

Effective case management initiates with a comprehensive agreement between our solicitors and clients, establishing clear outcome objectives. We prioritize transparent communication, ensuring our clients are informed about the feasibility of meeting their expectations within an acceptable cost framework.

Just as a well-planned journey is essential, addressing claims and disputes related to cryptocurrencies requires a robust roadmap. Our approach is designed to be flexible, allowing for seamless adaptation to changes in strategy as the case unfolds, ensuring a dynamic and strategic resolution process.

2. Evaluate Situation

We will review your documents and other available evidence relevant to the matter, and prepare a written preliminary assessment of how the documents and other evidence might affect the outcome objectives, including the laws or regulations that most likely would govern the case.

3. File The Case

Resolving legal matters through settlement frequently offers more advantages than opting for litigation, with the exception of unusual cases. Unless the client strongly opposes settlement or there are compelling business, personal, or strategic reasons to defer or avoid settlement, a collaborative effort between the client and solicitor is essential to devise a plan for a good faith settlement attempt at the earliest opportunity.

Following the completion of the Preliminary Case Assessment, or even earlier if deemed suitable, our solicitors proactively suggest strategies for structuring a settlement proposal. This approach significantly improves the likelihood of attaining both outcome and cost objectives through settlement, underscoring our dedication to efficient and effective legal resolution.

Expert Guidance

Our clients benefit from expert guidance across the legal spectrum of the blockchain. Legal cases often require the assistance of lawyers with not just specialist knowledge and years of expertise but also sensitivity, understanding and assertiveness. Our lawyers will work with you to achieve the best results possible, while always treating your case with the individual focus it requires.

Data Protection

Data security is always an important part of our business. We are entrusted with highly sensitive information which needs for effective data security. We focus on ensuring our clients maximise data value, while addressing global data privacy requirements and proactively reducing security risk to protect clients when their future is on the line.

We Take Care

We monitor the progress of your claim or dispute, coordinate the legal process and ensure that there is a consistency of instructions and advice to our clients handled by our legal team.

Let us help you!

If you need any help, please feel free to contact us. We will get back to you within 1 business day.

Contact:

+44 7736 774605
[email protected] Mon – Fri 09:00-17:00

All communications from Crypto Legal will always originate from an email address ending in @cryptolegal.uk.
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