CYK supports Bitfinex in crypto-fraud recovery claim

CYK was delighted to support Bitfinex in this ground-breaking case, reported by ‘The Cryptonomist’, which establishes the difficulties victims of crypto-related fraud and their insurers will face in pursuing recovery actions against cryptocurrency exchanges. The exchanges to which stolen cryptoassets can be traced might appear to be attractive targets for claims, but these claims are legally […]

The view from CYK: ramp-up in global cryptoassets regulation on the horizon

Global regulators ramp up the rhetoric on cryptocurrency regulation By Stephen Elam and Shelley Drenth With the price of Bitcoin reaching record highs of over US$40,000 in early January, the profile of – and investor interest in – cryptoassets continues to increase. In parallel the global regulatory landscape is swiftly evolving with recent calls for […]