August 11, 2016
Publication: Bloomberg News
In a recent Bloomberg News article, Jef Klazen discusses the legal liabilities facing hacked Hong Kong bitcoin exchange Bitfinex — the largest bitcoin exchange for the U.S. dollar prior to the attack. Drawing from his experience representing clients in cross-border asset recovery proceedings, Mr. Klazen addresses how customers may try to recover funds based on claims of negligence or manipulation and the potential need for arbitration to resolve disputes between the exchange and its users.
The article, “Bitcoin Traders Made 700% Returns Before Losing Millions in Hack Attack,” can be viewed here.