Civil Recovery Orders of limited use to crypto-crime victims

A recent UK case is believed to be the first successful use of a CRO to capture funds from digital wallets. But, as Nicola McKinney of Quillon Law reports, victims of crypto fraud still face formidable obstacles in order to recover their property through the courts.

Nicola McKinney (+44 (0) 203 840 4373, nicola.mckinney@quillonlaw.com) is a commercial litigator at Quillon Law with nearly 20 years' experience, specialising in complex commercial and cross-jurisdictional disputes, particularly fraud and breach of trust claims.

A recent UK case is believed to be the first successful use of a CRO to capture funds from digital wallets. But, as Nicola McKinney of Quillon Law reports, victims of crypto fraud still face formidable obstacles in order to recover their property through the courts.