The WLR Daily case summaries
[2021] WLR(D) 585
Queen’s Bench Division
Wang v Darby
[2021] EWHC 3054 (Comm)
2021 Nov 9, 10; 17
Stephen Houseman QC sitting as a deputy High Court judge
Trusts— Express trust— Cryptocurrency— Parties swapping cryptocurrencies for agreed period— Defendant failing to return tokens of Tezos cryptocurrency to claimant— Claimant issuing proprietary claim alleging existence of trust in respect of Tezos transferred— Defendant applying for strike out or reverse summary judgment of proprietary claim— Whether express, resulting, or constructive trust arising in respect of Tezos transferred— Whether jurisprudential novelty of question as to whether trust existing over cryptocurrency providing compelling reason for claim to proceed to trial