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Court Rescues Co. Wrongly Charged £1.7M For Bitcoin Scam

By Isabel Jackson ( September 30, 2026, 1:57 PM BST) -- The Court of Appeal has overturned a judgment requiring a cryptocurrency exchange to pay £1.7 million ($2.3 million) to the victim of a bitcoin scam, finding that the company was…

Law360

Publisher

Sep 30, 2026 at 12:57 PM UTC · 1 dk okuma

Court Rescues Co. Wrongly Charged £1.7M For Bitcoin Scam
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Key Signal

£1.7M overturned exchange payment order

Entities

bitcoin

Last Updated

bir ay önce

Çevriliyor…

By Isabel Jackson ( September 30, 2026, 1:57 PM BST) -- The Court of Appeal has overturned a judgment requiring a cryptocurrency exchange to pay £1.7 million ($2.3 million) to the victim of a bitcoin scam, finding that the company was blameless and the order based on flawed evidence....

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Why this matters

The appellate ruling removes a £1.7 million liability from a cryptocurrency exchange and could affect how courts assess exchange responsibility for customer losses from scams. It signals that liability claims may face closer scrutiny of the evidence linking an exchange to fraudulent activity.

#bitcoin#crypto#government-policy

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Originally reported by Law360

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Key Entities

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