Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 20 MARCH 2026

Commercial Litigation Update: Combatting Cryptocurrency Fraud

Blaney McMurtry LLP
Blaney McMurtry LLP
Contributor
Explore more from Blaney McMurtry LLP

The rapid increase in popularity of cryptocurrency has been accompanied by an equally rapid rise in fraud and challenges to those seeking to lawfully trade in digital assets.

CanadaCriminal Law
Nadav Amar
Nadav Amar
Author LinkedIn connections

The rapid increase in popularity of cryptocurrency has been accompanied by an equally rapid rise in fraud and challenges to those seeking to lawfully trade in digital assets. The courts are seeing an increasing number of cryptocurrency fraud cases and recovery can be difficult.

Why has Cryptocurrency become a popular target of fraud?

Several characteristics of cryptocurrency make it uniquely attractive to fraudsters.

First, transactions may occur on decentralized platforms that operate outside traditional banking infrastructure. In such situations, there is no central authority to reverse fraudulent transfers or freeze suspicious accounts. Once cryptocurrency leaves a victim's wallet, fraudsters will often transfer money among several different wallets and liquidate the initial recipient wallet in an effort to make the funds untraceable.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Bill C-29 And Canada’s Proposed Financial Crimes Agency: What You Need To Know

Canada is poised to establish its first dedicated Financial Crimes Agency through Bill C-29, a legislative initiative that promises to reshape the country's approach to investigating and prosecuting financial offenses. The proposed agency would operate with broad investigative powers and a sweeping mandate covering everything from money laundering to digital asset crimes, backed by $352.7 million in federal funding over five years. With the authority to create its own specialized police force and coordinate
CanadaCriminal Law
McCarthy Tétrault
McCarthy Tétrault
Article

Lawyer Receives 6-Month Suspension For Misuse Of Artificial Intelligence (Law Society Of Ontario v. Lee)

The misuse of artificial intelligence by litigants and lawyers continues to be alarming. Although it is well-documented that generative artificial intelligence platforms have a tendency to produce inaccurate answers to legal questions, and, moreover, to produce output which references non-existing cases or which inaccurately portrays legal propositions in existing cases, these tools continue to be used recklessly.
CanadaCriminal Law
Gardiner Roberts LLP
Gardiner Roberts LLP
Article

Employment Update: Ontario Workforce Priority Stream - New Ontario Immigrant Nominee Program

Ontario has launched a major overhaul of its Provincial Nominee Program, consolidating eight immigration streams into four and introducing the new Ontario Workforce Priority Stream with updated eligibility requirements. The changes expand access to workers across all skill levels while implementing stricter employer compliance measures and a redesigned Expression of Interest scoring system that prioritizes labour market integration factors.
CanadaImmigration
Blaney McMurtry LLP
Blaney McMurtry LLP
Article

Employment Update: The Court Of Appeal Provides Guidance On The Forfeiture Of Equity Incentives Upon Dismissal

When an Ontario employer terminates an employee holding unvested Restricted Stock Units, can forfeiture clauses in equity agreements lawfully eliminate the employee's right to continued vesting during the statutory notice period? The Ontario Court of Appeal's decision in Wigdor v. Facebook Canada Ltd. addresses this critical question, examining whether such provisions impermissibly contract out of Employment Standards Act protections and what financial consequences employers face when equity forfeiture term
CanadaEmployment and HR
Blaney McMurtry LLP
Blaney McMurtry LLP
Article

Court Of Appeal Summaries (September 7 – 11, 2026)

This comprehensive summary examines six significant civil decisions from the Ontario Court of Appeal, addressing critical issues in cyber insurance coverage, wrongful dismissal, real estate commission disputes, and municipal election compliance. The cases establish important precedents on contract interpretation standards, successor employer liability, and the scope of public oversight in campaign finance audits.
CanadaLitigation, Mediation & Arbitration
Blaney McMurtry LLP
Blaney McMurtry LLP
Article

Court Of Appeal Summaries (October 2 – 28, 2026)

This comprehensive weekly summary examines critical Court of Appeal decisions addressing paralegal licensing authority in immigration matters, the proper use of vesting orders in family law enforcement, and the interpretation of indemnity agreements in commercial transactions. The cases explore fundamental questions about jurisdictional boundaries, procedural fairness, and the balance between creditor rights and family law remedies.
CanadaLitigation, Mediation & Arbitration
Blaney McMurtry LLP
Blaney McMurtry LLP