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14 Maternity Trusts to be Scrutinised as Part of National Investigation
Kirsty Allen
Connie Atkinson was published in the October 2022 edition of ThoughtLeaders4 HNW Divorce magazine discussing the rise of cryptoassets in financial remedies.
The increase in the value of cryptoassets has undoubtedly contributed to the continued interest and adoption of this still relatively new asset class across organisations and individuals. The ease of purchasing, selling or transferring a cryptoasset has improved significantly over the last few years (and which has in part stemmed from the development of the regulatory environment). However, there is still a technical barrier to entry. This presents a practical problem; if your assets pass to your loved ones on your death, how do you ensure that they are able to actually access and benefit from any cryptoassets that you hold?
This quarterly civil fraud update provides a summary of reported decisions handed down in the courts of England and Wales in the period of January - March 2023.
The courts are set to address whether software developers of Bitcoin networks owe fiduciary duties to bitcoin owners following the Court of Appeal’s decision in Tulip Trading Limited v Van der Laan & Ors, where it allowed the claim to proceed. The case is poised to be a landmark for future crypto-disputes as it seeks to address several important points in this uncertain and developing area of law.
Amid increased focus on the regulation of cryptoassets in the UK, law enforcement agencies have carried out unprecedented raids targeting illegally-operated cryptocurrency ATMs.
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