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Tag Archives: commercial litigation; crypto-currency; Bitcoin; injunctions; insurance litigation; subrogation

Posted in Case reports, UK

“Of Ransoms, Bitcoin, and Injunctions”: English High Court grants subrogee insurer proprietary injunction over ransomed Bitcoin

In a gripping tale sure to excite die-hard Potter fans everywhere, the English High Court has granted a so-called ‘Harry Potter injunction‘ (i.e. a protective injunction against persons unknown[1]) restraining the dissipation of Bitcoin from a specified Bitcoin exchange. Aside from tenuous/clickbait-worthy links to children’s literature, the case is of interest for two main reasons: