Spotting and managing litigation risk in DeFi

By the end of 2021, USD 88 billion of crypto assets alone were held in DeFi protocols. This figure is startling given the real uncertainty regarding the legal rights and obligations of those using DeFi and smart contract protocols and the ability to enforce them when disputes arise. The resolution by courts and tribunals of disputes in the context of DeFi and smart contract protocols is still largely uncharted territory.

To help users navigate this uncertainty, our New York and London Commercial Disputes teams have collaborated to produce 'Spotting and managing litigation risk in DeFi', published in the March 2022 edition of The International Journal of Blockchain Law.