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BTC's on-chain fingerprint: implications on recovery strategy Background Tracing and service on the blockchain Bitcoin: a "discrete and identifiable unit" Judgment despite silence Comment
In Smithers and another v Persons Unknown Category 1 and others, the English Commercial Court granted summary judgment in favour of two victims of a crypto asset fraud, ordering the return of Bitcoin and awarding compensatory damages for fungible tokens.
The decision, handed down by Mr Justice Bright, offers an insight into the practical realities of crypto asset recovery.
The two claimants, Ms Nancy Smithers, a Canadian national, and Ms Angelina Usanova, a Maltese national, were induced to invest the equivalent of approximately £10.5 million with what they believed to be a genuine…
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