On 22 February 2023, Mr Healy-Pratt (sitting as a Deputy High Court Judge) issued his judgment in the Osbourne claim, granting an extension to relief previously granted and providing further comment on Lavender J’s analysis.
Can fraudsters close the gateway to England and Wales by dissipating to persons and places unknown? Osbourne v Persons Unknown
The decision in Osbourne v (1) Persons Unknown Category A and others has, despite granting the relief sought by the claimant, raised some doubts about cryptoasset recovery where additional relief is sought against subsequent recipients of stolen cryptoassets whose connection to the jurisdiction is less established than that of persons who first stole them.
Recovering cryptoasset proceeds of crime - Law Commission recommendations
The Law Commission has now issued its final report on confiscation of the proceeds of crime after conviction, including cryptoassets. Lisa McCreath and Harmish Mehta have shared their insight on the observations and recommendations relating to restraint orders, specifically with regard to cryptoassets, coming out of the review.
Singapore courts’ first written judgment on NFTs
Singapore issues its first known written judgment concerning NFTs. In this article, James Ramsden KC, Lisa McCreath and Harmish Mehta consider Lee Seiu Kin J’s approach to key issues of jurisdiction and the status of NFTs. The judgment is demonstrative that, at least in certain areas, Singaporean law on crypto disputes is moving closer to the position currently adopted in England and Wales.