The Supreme Court of British Columbia (BCSC) recently released judgment in Ding v GSV Futures Inc, 2022 BCSC 1921, which offers a useful precedent for bitcoin and other cryptocurrency mining agreements, specifically highlighting the importance of a properly drafted liquidated damages clause. In this decision, E McDonald J ruled that a properly drafted contractual to determine the liquidated damages in bitcoin is enforceable and will not be interpreted as a penalty … (more)
Barry B Sookman, Shane C D’Souza and Jacob A Robinson, McCarthy Tetrault, 21 November 2022
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