Share this article

UK Court Allows Serving Legal Documents Via NFTs

The ruling will allow legal proceedings against otherwise anonymous persons through their wallet addresses.

Updated May 11, 2023, 3:35 p.m. Published Jul 13, 2022, 3:06 p.m.
(Sasun Bughdaryan/Unsplash)
(Sasun Bughdaryan/Unsplash)

The High Court of England and Wales has allowed Fabrizio D'Aloia, founder of Italy-based online gambling company Microgame, to file a lawsuit against anonymous people through a non-fungible token (NFT) drop.

The move will allow D’Aloia to serve legal documents to people who are not known but connected to two digital wallets. This is significant in the crypto sector, where scams and hacks can often only be tied to wallet addresses.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the State of Crypto Newsletter today. See all newsletters

“This is so important because it shows the court's willingness to adapt to new technologies and embrace the blockchain and actually step in to help consumers where previous legislation and regulators simply could not do that,” Joanna Bailey, an associate lawyer from Giambrone & Partners LLP who worked on the case, told CoinDesk in an interview.

D’Aloia claimed to have been lured by an online brokerage into depositing about 2.1 million USDT and 230,000 USDC into two wallets that turned out to be fraudulent. The court ruling, said Bailey, allows D’Aloia to sue the people responsible for the fraudulent platform by sending the court documents through an NFT drop to the two wallets.

Binance, Poloniex, Gate.io, OKX and Bitkub have been identified by D’Aloia as holding his crypto. D’Aloia last month was granted an injunction forbidding the exchanges from moving those assets.

UPDATE (July 14, 15:27 UTC) – Corrects the spelling of Microgame.

More For You

Accelerating Convergence Between Traditional and On-Chain Finance in 2026?

More For You

Crypto PAC Fairshake seeks to force resistant Texas Democrat Al Green from U.S. House

Representative Al Green, a Texas Democrat (Andrew Harnik/Getty Images)

The super PAC is devoting $1.5 million to get Representative Al Green, a Democrat critical of the crypto industry, defeated by a primary challenger.

What to know:

  • For the second time this week, the Fairshake super PAC has announced a significant campaign spending plan in its effort to build a pro-crypto Congress, this time going after Democratic Representative Al Green.
  • One of Fairshake's affiliate PACs committed $1.5 million against the longtime Texas congressman in a primary election next month that pits him against a candidate with blockchain-friendly sentiments.
  • The spending easily outpaces what Green's campaign has raised so far.