Cryptocurrency Disputes
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Cryptocurrency Disputes
As blockchain technology becomes embedded in everyday commercial activity, crypto-related business disputes have proliferated — and they raise novel questions about how established legal principles apply. Delex LLP has a proven track record of achieving results for clients in this fast-evolving area, including in uncharted legal territory such as:
- Disputes between individuals over the nature of their relationship in crypto-trading activities, where no formal agreement exists;
- Disputes between an individual and a centralized cryptocurrency exchange over frozen crypto assets — often involving interjurisdictional considerations, particularly where the freeze was requested by a foreign authority; and
- Disputes within or between entities managing digital-asset projects, including Non-Fungible Token (NFT) and memecoin projects, frequently centring on whether the terms of the project’s White Paper have been fulfilled.
Norwich orders and Mareva injunctions: powerful tools in crypto disputes
Parties in crypto disputes often depend on third-party digital service providers — centralized exchanges, social media platforms — for their infrastructure. Norwich orders (production orders) and Mareva injunctions (freezing orders) are therefore powerful tools for prompt disclosure and asset preservation. A Mareva injunction can freeze assets — including cryptocurrency addresses — while litigation is ongoing. Together, these tools give litigants a robust way to expedite a discovery process that can otherwise be lengthy under most Canadian courts’ rules.
Where a matter involves recovering misappropriated or stolen assets, see our Fraud & Recovery practice.
Speak with our cryptocurrency litigation team → or call (647) 873-2436.