🎧 The Advocate Next Door: Mahmoud Abuwasel: Cryptocurrency Disputes and Litigation

The decentralized nature of cryptocurrencies presents unique challenges in civil litigation. From service of process and personal jurisdiction over pseudonymous wallet holders to issues of extraterritoriality to difficult questions concerning damages and remedies, the involvement of cryptocurrencies in a case add an increased layer of complexity.

Mahmoud Abuwasel, a partner at Wasel Wassel, discusses cryptocurrency and crypto disputes. He recounts early exposure to Bitcoin and crypto mining, explains crypto transactions, and contrasts crypto’s decentralized value-protection challenges.

He describes how crypto disputes are brought into courts and arbitration and highlights scams, tracing funds to exchanges, and cross-border enforcement difficulties. Mr. Abuwasel talks about his latest book, “UAE Crypto Litigation,” built from 100+ UAE judgments structured as a litigation life cycle, chosen due to the UAE’s high crypto adoption and limited accessibility of civil-law judgments for…