Out of Lykke – CYK successful in appointment of provisional liquidators and liquidators of UK cryptocurrency exchange
CYK Partner Jon Felce , instructing Joshua Folkar of Twenty Essex, acted for five applicants, representing 85 international creditors of Lykke Corp UK Limited (“Lykke”), a cryptocurrency exchange holding client assets of approximately US$ 68 million. In June 2024, Lykke was allegedly subject to a hack in which US$ 22.8 million worth of cryptocurrency was said to have […]
CrowdStrike strikeout: Solutions for business
6 September 2024: Now that the dust has begun to settle, CYK partner Lydia Danon and associate Emily Davies write for Startups Magazine on the disruption caused by CrowdStrike’s faulty software update, the impact on business and the possible solutions to control the damage See here for full article. Fix a time to discuss Schedule a no-obligation 15 minute call with […]
The reimbursement burden in the wake of increased authorised push payment fraud: are tech companies the new target in town?
13 August 2024: CYK Partners Jon Felce and Rosie Wild write for Solicitors Journal on the government’s reported plans to shift some of the burden of compensating victims of APP fraud onto tech companies and the possible implications of doing so. See link here for full article (subscription may be required) Fix a time to discuss Schedule a no-obligation 15 minute […]
Financial Risks, Decisions In the Age of AI
18 October 2023: AI has undoubtedly become part of the national conversation. But with no signs of regulatory intervention on the horizon, the legal implications of the use of AI software in the investment sector are at this stage undetermined. CYK Partner Rosie Wild and Associate Anna-Rose Davies share their views for Wealth Briefing. See link here for full article. Fix […]
AI can no longer be ignored in the investment world
17 August 2023: CYK partner Sam Roberts writes for Investment Monitor on how AI has reached something approaching critical mass in 2023 and looks at the repercussions for its use in making investments. See link here for full article. Fix a time to discuss Schedule a no-obligation 15 minute call with one of our lawyers to discuss your issue. […]
Fallout from TikTok’s vibe check
24 April 2023: CYK partner Sam Roberts writes for The Times on the commercial disputes that might arise from a UK TikTok ban. See link here for full article (subscription may be required). Fix a time to discuss Schedule a no-obligation 15 minute call with one of our lawyers to discuss your issue. Book Now Contact the author of this […]
Putting crypto protections in place
28 February 2023: CYK Senior Associate Liz Meade comments for the Law Society Gazette on HM Treasury’s recent consultation document – Future financial services regulatory regime for cryptoassets. See here for full commentary. Fix a time to discuss Schedule a no-obligation 15 minute call with one of our lawyers to discuss your issue. Book Now Contact the author of this […]
Bitcoin’s Dr Wright to face the courts’ new zero tolerance policy towards embargo breaches
19 January 2023 – CYK Partner Sam Roberts and Associate Florence Sandberg comment on the recent contempt of court decision handed down in Wright v McCormack. See here for full article Fix a time to discuss Schedule a no-obligation 15 minute call with one of our lawyers to discuss your issue. Book Now Contact the author of this article directly If […]