ApeWatcher News
  • Home
  • Advertise
  • Headlines
  • Crypto
    • News
    • Bitcoin
    • Ethereum
    • Altcoin
    • View All
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Rates
  • Videos
  • Listing Platform
  • BSC
  • ETH
  • Listing Platform
  • BSC
  • ETH
What's Hot

Kraken secures money license registrations in Spain and Ireland

September 26, 2023

Ethereum Wallet Tied to Sinaloa Cartel Sanctioned by US Government

September 26, 2023

Bitcoin analysts flag key BTC price points as bulls cling to $26K

September 26, 2023
Twitter Telegram
  • Listing Platform
  • Home
  • BSC
  • ETH
Advertise
Twitter Telegram
ApeWatcher News
  • Headlines
  • Crypto
    1. News
    2. Bitcoin
    3. Ethereum
    4. Altcoin
    5. View All

    Kraken secures money license registrations in Spain and Ireland

    September 26, 2023

    Ethereum Wallet Tied to Sinaloa Cartel Sanctioned by US Government

    September 26, 2023

    Bitcoin analysts flag key BTC price points as bulls cling to $26K

    September 26, 2023

    Chase Bans Crypto-Linked Payments for U.K. Clients Starting October 16

    September 26, 2023

    Bitcoin analysts flag key BTC price points as bulls cling to $26K

    September 26, 2023

    JPMorgan’s subsidiary Chase UK to restrict crypto transactions

    September 26, 2023

    Bitcoin exchange volume tracks 5-year lows as Fed inspires BTC hodling

    September 26, 2023

    Bitcoin gains legal recognition as digital currency in Shanghai China

    September 26, 2023

    Tim Draper, Hall of Flame

    September 26, 2023

    MetaMask ‘glitch’ caused opBNB recommended fees to be too high: Report

    September 25, 2023

    Vitalik wallet sends 400 ETH worth $600K to Coinbase

    September 25, 2023

    Vitalik Buterin Warns CBDCs Moving in Wrong Direction, Calls Them ‘Front Ends’ for the Banking System: Report

    September 24, 2023

    Optimism OP token slips 10% in week ahead of $30M token unlock

    September 26, 2023

    Chainlink downplays worries after users notice quiet change to multisig

    September 25, 2023

    Crypto traders shift focus to these 4 altcoins as Bitcoin price flatlines

    September 24, 2023

    Over $440,000,000,000 in Bitcoin and Other Cryptos Could Be Wiped Out Before Market Bottoms Out: Nicholas Merten

    September 23, 2023

    Kraken secures money license registrations in Spain and Ireland

    September 26, 2023

    Ethereum Wallet Tied to Sinaloa Cartel Sanctioned by US Government

    September 26, 2023

    Bitcoin analysts flag key BTC price points as bulls cling to $26K

    September 26, 2023

    Chase Bans Crypto-Linked Payments for U.K. Clients Starting October 16

    September 26, 2023
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Rates
  • Videos

    BitBoy Crypto: Confronting The Man Accused of Stealing EVERYTHING | TJ Shedd

    September 25, 2023

    Bitcoin Has A New Super Whale! (2024 Bringing Explosive Gains)

    September 25, 2023

    Crypto News: Ethereum, Tether FUD, Coinbase, BASE & MORE!!

    September 25, 2023

    Bitcoin + AI = PRICE EXPLOSION! 2024 is VERY BULLISH! (Here is why)

    September 24, 2023

    How To Earn Free Cardano!

    September 24, 2023
  • bitcoinBitcoin(BTC)
    $0.00-0.52% 24H
    BITCOIN
    24H : -0.52%
    Volume : $0.00
    Marketcap : $0.00
  • ethereumEthereum(ETH)
    $0.00-0.18% 24H
    ETHEREUM
    24H : -0.18%
    Volume : $0.00
    Marketcap : $0.00
  • tetherTether(USDT)
    $0.00-0.05% 24H
    TETHER
    24H : -0.05%
    Volume : $0.00
    Marketcap : $0.00
  • binancecoinBNB(BNB)
    $0.000.910% 24H
    BNB
    24H : 0.910%
    Volume : $0.00
    Marketcap : $0.00
  • rippleXRP(XRP)
    $0.000.250% 24H
    XRP
    24H : 0.250%
    Volume : $0.00
    Marketcap : $0.00
  • usd-coinUSDC(USDC)
    $0.000.00% 24H
    USDC
    24H : 0.00%
    Volume : $0.00
    Marketcap : $0.00
  • staked-etherLido Staked Ether(STETH)
    $0.00-0.33% 24H
    LIDO STAKED ETHER
    24H : -0.33%
    Volume : $0.00
    Marketcap : $0.00
  • cardanoCardano(ADA)
    $0.00-0.18% 24H
    CARDANO
    24H : -0.18%
    Volume : $0.00
    Marketcap : $0.00
  • dogecoinDogecoin(DOGE)
    $0.00-0.99% 24H
    DOGECOIN
    24H : -0.99%
    Volume : $0.00
    Marketcap : $0.00
  • solanaSolana(SOL)
    $0.00-2.13% 24H
    SOLANA
    24H : -2.13%
    Volume : $0.00
    Marketcap : $0.00
  • bitcoinBitcoin(BTC)
    $0.00-0.52% 24H
    BITCOIN
    24H : -0.52%
    Volume : $0.00
    Marketcap : $0.00
  • ethereumEthereum(ETH)
    $0.00-0.18% 24H
    ETHEREUM
    24H : -0.18%
    Volume : $0.00
    Marketcap : $0.00
  • tetherTether(USDT)
    $0.00-0.05% 24H
    TETHER
    24H : -0.05%
    Volume : $0.00
    Marketcap : $0.00
  • binancecoinBNB(BNB)
    $0.000.910% 24H
    BNB
    24H : 0.910%
    Volume : $0.00
    Marketcap : $0.00
  • rippleXRP(XRP)
    $0.000.250% 24H
    XRP
    24H : 0.250%
    Volume : $0.00
    Marketcap : $0.00
  • usd-coinUSDC(USDC)
    $0.000.00% 24H
    USDC
    24H : 0.00%
    Volume : $0.00
    Marketcap : $0.00
  • staked-etherLido Staked Ether(STETH)
    $0.00-0.33% 24H
    LIDO STAKED ETHER
    24H : -0.33%
    Volume : $0.00
    Marketcap : $0.00
  • cardanoCardano(ADA)
    $0.00-0.18% 24H
    CARDANO
    24H : -0.18%
    Volume : $0.00
    Marketcap : $0.00
  • dogecoinDogecoin(DOGE)
    $0.00-0.99% 24H
    DOGECOIN
    24H : -0.99%
    Volume : $0.00
    Marketcap : $0.00
  • solanaSolana(SOL)
    $0.00-2.13% 24H
    SOLANA
    24H : -2.13%
    Volume : $0.00
    Marketcap : $0.00
ApeWatcher News
Home » UK Follows The US In Approving Serving Legal Documents On Blockchain
NFT

UK Follows The US In Approving Serving Legal Documents On Blockchain

NFT EveningBy NFT EveningJuly 13, 20220 ViewsNo Comments
Share
Facebook Twitter LinkedIn Pinterest Email

Following in on the footsteps of the US, a UK court has approved serving legal documents on the blockchain. According to the court documents made public this week, the High Court of England and Wales green-lighted serving court papers through NFTs. Needless to say, this is a positive step forward for the NFT industry and presents a new use case for the growing ecosystem.

Let’s take a closer look at what the UK court said about serving legal documents on the blockchain. 

UK court’s decision on serving legal documents on blockchain

The UK court’s decision on serving legal documents on the blockchain came from a ​​case filed by Fabrizio D’Aloia. D’Aloia, an Italian engineer and the founder of an online gambling company, Microgame, sued cryptocurrency exchange Binance Holdings and other platforms. He claimed that ‘persons unknown’ fraudulently cloned his crypto assets on the platforms. 

Notably, the court has approved airdropping the legal documents as NFTs to two wallets. While D’Aloia originally owned the two wallets, the fraudsters had stolen these. With this, crypto scam victims can now sue unknown fraudsters in the UK. 

Reportedly, while the UK High Court granted the order on June 24, it was only made public this week. Furthermore, the court ruled that crypto exchanges were responsible for ensuring that the stolen crypto remained in their systems. 

“Anything that makes it easier to recover stolen crypto is helpful, and gives greater certainty to victims of crypto fraud that they can recover their assets,” said Christopher Whitehouse, a senior associate at RPC. 

US court sets the precedent

Back in June, the New York Court first approved serving legal documents as NFTs. At the time, the cryptocurrency exchange LCX served the defendant with a temporary restraining order via an NFT. 

Clearly, the use-cases of NFTs are growing. That said, it remains to be seen if more courts will follow suit with similar rulings. 

Read the full article here

Follow us on Google News to get the latest Updates

 
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Murakami to step back from NFTs, Dan Harmon’s NFT Show debut and more…

September 23, 2023

Digital Artists Making Waves in 2023

September 22, 2023

Best Free and Paid Options

September 22, 2023

NFTs are ‘totally worthless’ says mainstream media, community responds

September 21, 2023

Meta launches metaverse game, Bitcoin Ordinals creator proposes numbering change: Nifty Newsletter

September 20, 2023

What is Gala Games and how to buy GALA coin?

September 18, 2023
Add A Comment

Leave A Reply Cancel Reply

Top Articles

Kraken secures money license registrations in Spain and Ireland

September 26, 2023

Ethereum Wallet Tied to Sinaloa Cartel Sanctioned by US Government

September 26, 2023

Bitcoin analysts flag key BTC price points as bulls cling to $26K

September 26, 2023
# Name Price Changes 24h Market CAPVolume Supply
ApeWatcher News
Twitter Telegram
  • Privacy Policy
  • Sources
  • Terms and Conditions
  • Contact
  • Advertise
© 2023 Ape Watcher News

Type above and press Enter to search. Press Esc to cancel.