News & Events
News & Events
In what is believed to be one of the first cases of its kind, CYK worked alongside Outer Temple Chambers, blockchain tracing experts and law enforcement to secure a full recovery under s.303Z51 of the Proceeds of Crime Act 2002 (POCA) for their client, who was the subject of a sophisticated and carefully orchestrated theft of a significant sum of cryptoassets. Of the cryptoassets stolen, a sum of ETH was traceable to a wallet held by an overseas exchange and belonging to one of the alleged perpetrators of the theft. Due to swift collaboration with law enforcement, the wallet in question was swiftly frozen by a Crypto Wallet Freezing Order (CWFO) that was obtained by law enforcement just days after…
News 15 May, 2026