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The English Commercial Court has refused to enforce a foreign-seated arbitration award on the grounds that to do so would be contrary to public policy. The case concerned a dispute between Mr Chechetkin and the Payward group, which operates the Kraken cryptoasset trading platform. Payward received a favourable arbitration award in California which it sought … Read more
The English High Court has handed down judgment in another case concerning trades on a cryptocurrency exchange. The case of Chechetkin v Payward Ltd and others [2022] EWHC 3057 (Ch) is a further illustration of the procedural and substantive complexity that can arise from arbitrating disputes in a consumer context. Read more
With the crypto market enduring its most significant test to date, we explore how arbitration has become the industry’s go-to forum for solving complex disputes. Market volatility breeds disputes, and the ‘Crypto Winter’ is no exception. Crypto-related disputes are on the rise, and they can take many forms. From traditional disagreements about the meaning of … Read more