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United Kingdom norwich pharmacal and bankers trusttracing in equitypossession and title

Fetch.AI Ltd v Persons Unknown Category A

[2021] EWHC 2254 (Comm)
JurisdictionUnited Kingdom
CourtHigh Court (Commercial Court)
Year2021
StatusBinding authority

Summary

Norwich Pharmacal orders granted against Binance exchange to identify persons unknown who had misappropriated cryptocurrency, recognising crypto assets as traceable property.

Key Principle

cryptocurrency; Binance exchange; Norwich Pharmacal order; crypto fraud; asset tracing

Area of Law

property

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Zheng v Cai (2009) 239 CLR 446

In assessing personal injury damages, gratuitous or benevolent payments received by the plaintiff from third parties are not to be deducted from the damages award.

Farah Constructions Pty Ltd v Say-Dee Pty Ltd (Knowing Receipt) [2007] HCA 22

Knowing receipt of trust property requires actual knowledge of the breach of trust or circumstances that indicate impropriety to establish constructive trust liability.

Tanwar Enterprises Pty Ltd v Cauchi (Specific Performance) [2003] HCA 57

Equity presumptively grants specific performance of land sale contracts on the basis that land is unique, unless granting it would be unjust.

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