Cryptocurrency: Theft and Asset Recovery

Syedur Rahman of Rahman Ravelli assesses the benefits of civil remedies available to help locate and recover cryptoassets when they have been misappropriated by a hack, fraud or other criminal wrongdoing.
As with any other asset, cryptoassets can be stolen.
To take an example of such theft, Ethereum Classic suffered three 51% attacks in August 2020. These attacks resulted in millions of dollars’ worth of its cryptocurrency – an asset referred to as ETC – being double spent. In another attack, th…

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