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You Can Now Sue For Blockchain In The UK: Here’s What You Should Know – Fin Tech



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The United Kingdom has recently made a
major move for the blockchain industry
– in Britain, you can
now use blockchain to sue. A U.K. court granted a firm permission
last month to serve legal proceedings on an anonymous individual
via a non-fungible token (NFT) airdrop sent to the individual’s crypto wallet.

This ruling comes after Fabrizio D’Aloia, founder of an
online gambling company, sued cryptocurrency exchange Binance Holdings and other platforms.
D’Aloia filed this lawsuit after his crypto assets were cloned
on the brokerages. Service will now take place by airdropping the
lawsuit documents via NFT into two wallets that were originally
used by D’Aloia and stolen by the fraudsters.

David Szalyga, Corporate Associate at Warren
Law Group states, “the jury is still out on whether service
via NFTs will one day become commonly accepted by courts, but this
ruling is certainly indicative of a positive trend that will enable
defrauded investors to go after anonymous criminals. As blockchain
technologies further develop, in coming years, we will likely see
greater acceptance by courts for novel alternative methods of
digital service.”

The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.

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