Crypto

Andrew Spink KC and Justina Stewart appear in landmark cryptocurrency appeal

Andrew Spink KC and Justina Stewart appeared in the DIFC Court of Appeal on behalf of the appellant in Huobi MENA & Anor v. Tabarak Investment Capital Limited & Anor, in what promises to shape the landscape of digital assets disputes. The claim, worth multi millions of dollars, concerns alleged custody and escrow services provided by Tabarak, a DFSA-regulated investment bank, in relation to a bitcoin to US$ transaction and misappropriation. Following an eight day trial in late 2021 in the DIFC Court, Andrew and Justina’s clients obtained permission to appeal on all eight grounds of appeal. This includes appeals on points of law in relation to the claims for breach of confidence, breach of contract, negligence and breach of fiduciary…

News 2 Feb, 2024