• Market Cap: $1,198,274,477,531.00
  • 24h Vol: $21,894,449,452.13
  • BTC Dominance: 44.09%
XBT.Market
Advertisement
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us
No Result
View All Result
XBT.Market
No Result
View All Result
Home Bitcoin

UK court allows lawsuit to be delivered via NFT

Jon Hartney by Jon Hartney
July 13, 2022
in Bitcoin, Blockchain, Business, Market
0
UK court allows lawsuit to be delivered via NFT
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Civil Procedure Rules in the U.K. have previously allowed for lawsuits to be served using Instagram, Facebook and a contact form on a website.

According to a Tuesday notice from U.K. law firm Giambrone & Partners, a case brought by Fabrizio D’Aloia against Binance Holdings, Poloniex, gate.io, OKX, and Bitkub over allegations someone was operating a fraudulent clone online brokerage has resulted in a legal precedent offering a digital solution to serving someone. On June 24, the judge in the case allowed parties to be served by airdropping NFTs into wallets originally held by D’Aloia but stolen by unnamed individuals.

Until now, Civil Procedure Rules in the U.K. allowed lawsuits to be served by personal services, mail, dropped off at a physical address, or by means of a fax or another type of “electronic communication.” However, using electronic methods to serve someone has usually been in cases where the parties agreed in advance to such th delivery, or a court authorizes it for a “good reason.” According to Giambrone & Partners, these methods have included Instagram direct messages, Facebook messages and a contact form on a website.

Related articles

Cryptocurrency markets’ low volatility: A curse or an opportunity?

Cryptocurrency markets’ low volatility: A curse or an opportunity?

June 4, 2023
Three Reasons Behind Bitcoin’s 2023 Resurgence

Three Reasons Behind Bitcoin’s 2023 Resurgence

June 4, 2023

“This order is a noteworthy development in the area of service of court documents and a welcome example of a court embracing new technology,” said the law firm. “This judgment paves the way for other victims of cryptoasset fraud to pursue persons unknown who have misappropriated their cryptocurrency in situations where they otherwise would not be able to.”

Demetri Bezaintes, an associate at Giambrone & Partners, added:

“I am confident that this latest judgment using NFT service has the potential to show the way to digital service over the blockchain, with all the benefits of immutability and authentication, becoming the usual practice in the future on legal matters related to the digital world […] It is clear that this method of service has a far greater level of success over conventional means of service, such as post, in this sector.”

In addition to the precedent set by serving individuals via the blockchain, the court said crypto exchanges were responsible for ensuring the stolen assets were not moved or withdrawn.

Our firm was the first law firm in the UK and in Europe to obtain permission by a High Court Judge to serve document proceedings related to a worldwide freezing injunction against unknown persons by NFT using the blockchain technology.
Read more: https://t.co/ZOlfwEp8bc pic.twitter.com/PbHK1twkGs

— Giambrone Law (@Giambroneintern) July 12, 2022

Related: Class action lawsuit claims Solana’s SOL is an unregistered security

A judge in the United Kingdom has authorized a party in a lawsuit to serve legal documents using nonfungible tokens, or NFTs.

In June, a law firm in the United States also served a defendant using an NFT in an $8-million hacking case involving Liechtenstein-based cryptocurrency exchange LCX. The legal team airdropped the NFT as a temporary restraining order into a hot wallet when the name of the served party was unknown.

Read Entire Article
Tags: CointelegraphCryptocurrencyInvestmentMining Bitcoin
Share76Tweet47

Related Posts

Cryptocurrency markets’ low volatility: A curse or an opportunity?

Cryptocurrency markets’ low volatility: A curse or an opportunity?

by Jon Hartney
June 4, 2023
0

The cryptocurrency market has been experiencing low volatility for the past two months, but does that mean investors

Three Reasons Behind Bitcoin’s 2023 Resurgence

Three Reasons Behind Bitcoin’s 2023 Resurgence

by Jon Hartney
June 4, 2023
0

After the naysayers left Bitcoin for dead in 2022, it’s back with a bang so far in 2023 Here’s

5 free ChatGPT and generative AI courses

5 free ChatGPT and generative AI courses

by Jon Hartney
June 4, 2023
0

Level up your skills in language models and automation with free ChatGPT and generative AI courses

Pro-XRP attorney’s phone hacked to promote LAW token

Pro-XRP attorney’s phone hacked to promote LAW token

by Jon Hartney
June 4, 2023
0

Lawyer John Deaton alerted followers via his daughter’s account, urging people to report the hack as the XRP

FTX debtors object Genesis’ ‘critical’ claim estimate of ‘$0.00’

FTX debtors object Genesis’ ‘critical’ claim estimate of ‘$0.00’

by Jon Hartney
June 4, 2023
0

The FTX debtors alleged that the claim was filed "without any advance notice," and they were not invited to participate

Load More
  • Trending
  • Comments
  • Latest
NEXO risks 50% drop due to regulatory pressure and investor concerns

NEXO risks 50% drop due to regulatory pressure and investor concerns

September 30, 2022
51% of Ethereum blocks are now compliant with OFAC standards, raising censorship concerns

51% of Ethereum blocks are now compliant with OFAC standards, raising censorship concerns

October 14, 2022
All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

July 7, 2022
Zero-knowledge KYC could solve the privacy vs compliance conundrum: VC partner

Zero-knowledge KYC could solve the privacy vs compliance conundrum: VC partner

October 11, 2022
All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

0
Crypto owners banned from working on US Government crypto policies

Crypto owners banned from working on US Government crypto policies

0
Korean startup Uprise lost $20M shorting LUNC

Korean startup Uprise lost $20M shorting LUNC

0
Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

0
Cryptocurrency markets’ low volatility: A curse or an opportunity?

Cryptocurrency markets’ low volatility: A curse or an opportunity?

June 4, 2023
Three Reasons Behind Bitcoin’s 2023 Resurgence

Three Reasons Behind Bitcoin’s 2023 Resurgence

June 4, 2023
5 free ChatGPT and generative AI courses

5 free ChatGPT and generative AI courses

June 4, 2023
Pro-XRP attorney’s phone hacked to promote LAW token

Pro-XRP attorney’s phone hacked to promote LAW token

June 4, 2023

XBT.Market

This website is an automated news feed powered by the Nebulome cloud system. The site is made possible by YYC TECH Consulting and Alberta Digital Mining Company. As a team with major crypto and bitcoin enthusiasm, we have curated major sources of news, trading and financial data to bring you, our viewer, an unbiased source of truth.

Recent Posts

  • Cryptocurrency markets’ low volatility: A curse or an opportunity? June 4, 2023
  • Three Reasons Behind Bitcoin’s 2023 Resurgence June 4, 2023
  • 5 free ChatGPT and generative AI courses June 4, 2023
  • Pro-XRP attorney’s phone hacked to promote LAW token June 4, 2023
  • FTX debtors object Genesis’ ‘critical’ claim estimate of ‘$0.00’ June 4, 2023

News Categories

  • Bitcoin
  • Blockchain
  • Business
  • Market

Tags

bitcoinMagzine Cointelegraph Cryptocurrency insidebitcoins Investment Mining Bitcoin NewsBTC

Quicklinks

  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market - Powered by YYC Tech Consulting & ADMCO.

No Result
View All Result
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market by Nebulome.

  • bitcoinBitcoin(BTC)$27,239.000.15%
  • ethereumEthereum(ETH)$1,905.380.12%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.00-0.06%
  • binancecoinBNB(BNB)$307.32-0.24%
  • usd-coinUSD Coin(USDC)$1.00-0.05%
  • rippleXRP(XRP)$0.531.09%
  • staked-etherLido Staked Ether(STETH)$1,902.780.24%
  • cardanoCardano(ADA)$0.3816491.25%
  • dogecoinDogecoin(DOGE)$0.0729640.19%
  • solanaSolana(SOL)$22.064.31%
  • matic-networkPolygon(MATIC)$0.90-0.57%
  • tronTRON(TRX)$0.081904-1.05%
  • litecoinLitecoin(LTC)$95.62-1.13%
  • polkadotPolkadot(DOT)$5.351.02%
  • binance-usdBinance USD(BUSD)$1.00-0.04%
  • shiba-inuShiba Inu(SHIB)$0.000009-0.50%
  • avalanche-2Avalanche(AVAX)$14.771.44%
  • daiDai(DAI)$1.00-0.01%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$27,242.000.13%
  • uniswapUniswap(UNI)$5.06-0.68%
  • chainlinkChainlink(LINK)$6.511.08%
  • leo-tokenLEO Token(LEO)$3.59-0.26%
  • cosmosCosmos Hub(ATOM)$10.801.43%
  • okbOKB(OKB)$45.90-0.45%
  • moneroMonero(XMR)$149.672.26%
  • ethereum-classicEthereum Classic(ETC)$18.19-0.31%
  • ToncoinToncoin(TON)$1.74-0.48%
  • Aerarium FiAerarium Fi(AERA)$7.14-13.11%
  • stellarStellar(XLM)$0.092531-0.27%
  • bitcoin-cashBitcoin Cash(BCH)$116.191.02%
  • internet-computerInternet Computer(ICP)$4.82-0.39%
  • filecoinFilecoin(FIL)$4.81-1.78%
  • true-usdTrueUSD(TUSD)$1.00-0.03%
  • lido-daoLido DAO(LDO)$2.29-1.39%
  • AptosAptos(APT)$9.333.32%
  • quant-networkQuant(QNT)$116.69-0.35%
  • crypto-com-chainCronos(CRO)$0.0620144.05%
  • hedera-hashgraphHedera(HBAR)$0.050934-0.30%
  • ArbitrumArbitrum(ARB)$1.23-1.55%
  • nearNEAR Protocol(NEAR)$1.630.23%
  • vechainVeChain(VET)$0.020028-0.04%
  • GGTKNGGTKN(GGTKN)$0.1121180.75%
  • apecoinApeCoin(APE)$3.150.65%
  • the-graphThe Graph(GRT)$0.127552-1.50%
  • algorandAlgorand(ALGO)$0.1528730.01%
  • the-sandboxThe Sandbox(SAND)$0.580.56%
  • eosEOS(EOS)$0.920.09%
  • paxos-standardPax Dollar(USDP)$1.00-0.08%
  • fraxFrax(FRAX)$1.000.14%
  • EdgecoinEdgecoin(EDGT)$1.00-0.03%
  • elrond-erd-2MultiversX(EGLD)$38.782.84%
  • render-tokenRender(RNDR)$2.683.30%
  • rocket-poolRocket Pool(RPL)$49.761.02%
  • optimismOptimism(OP)$1.500.63%
  • aaveAave(AAVE)$63.67-0.47%
  • decentralandDecentraland(MANA)$0.4928030.92%
  • fantomFantom(FTM)$0.319948-1.21%
  • blockstackStacks(STX)$0.62-0.23%
  • tezosTezos(XTZ)$0.92-0.10%
  • theta-tokenTheta Network(THETA)$0.84-0.13%
  • Rocket Pool ETHRocket Pool ETH(RETH)$2,045.560.15%
  • immutable-xImmutableX(IMX)$0.834.45%
  • axie-infinityAxie Infinity(AXS)$7.190.16%
  • flowFlow(FLOW)$0.730.10%
  • havvenSynthetix Network(SNX)$2.370.31%
  • usddUSDD(USDD)$1.00-0.11%
  • neoNEO(NEO)$10.43-1.29%
  • BitDAOBitDAO(BIT)$0.495974-0.57%
  • kucoin-sharesKuCoin(KCS)$7.43-0.16%
  • galaGALA(GALA)$0.029795-2.36%
  • curve-dao-tokenCurve DAO(CRV)$0.860.83%
  • WhiteBIT TokenWhiteBIT Token(WBT)$4.90-0.16%
  • radixRadix(XRD)$0.067460-0.06%
  • Bitget TokenBitget Token(BGB)$0.4703160.86%
  • injective-protocolInjective(INJ)$7.990.56%
  • bitcoin-cash-svBitcoin SV(BSV)$32.980.72%
  • makerMaker(MKR)$696.633.58%
  • CloutContractsCloutContracts(CCS)$52.461,000.00%
  • gatechain-tokenGate(GT)$4.23-4.71%
  • terra-lunaTerra Luna Classic(LUNC)$0.00010017.17%
  • klay-tokenKlaytn(KLAY)$0.186006-0.25%
  • gemini-dollarGemini Dollar(GUSD)$1.00-0.32%
  • bittorrentBitTorrent(BTT)$0.0000010.41%
  • conflux-tokenConflux(CFX)$0.270797-4.11%
  • iotaIOTA(MIOTA)$0.2031870.77%
  • kavaKava(KAVA)$1.010.09%
  • chilizChiliz(CHZ)$0.1025601.25%
  • PepePepe(PEPE)$0.000001-3.52%
  • casper-networkCasper Network(CSPR)$0.0468880.47%
  • Tokenize XchangeTokenize Xchange(TKX)$6.460.41%
  • pax-goldPAX Gold(PAXG)$1,948.76-0.07%
  • marumaruNFTmarumaruNFT(MARU)$0.24991121.40%
  • SuiSui(SUI)$0.961.76%
  • mina-protocolMina Protocol(MINA)$0.551.21%
  • compound-ethercETH(CETH)$38.270.11%
  • dashDash(DASH)$43.380.61%
  • xdce-crowd-saleXDC Network(XDC)$0.035223-1.93%
  • gmxGMX(GMX)$55.55-0.93%
  • huobi-tokenHuobi(HT)$2.991.56%