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First Bankers Trust order against overseas cryptocurrency exchanges using new “gateway”

19 March 2024 / Author(s): Chris Harvey , Sam Gokarn-Millington
Issue: February 2023 / Categories: In Practice
Company: DLA Piper

On 29 November 2022, Mr Justice Butcher handed down judgment in LMN v Bitflyer Holdings Inc. and others [2022] EWHC 2954 (Comm), which is the first successful Bankers Trust application against overseas cryptocurrency exchanges based on the new “disclosure gateway” for service out of the jurisdiction at CPR Practice Direction 6B §3.1(25).

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