Crypto Courts Tackle Volatility in Liability Rulings

Courts are grappling with how to handle cryptocurrency price volatility when determining liability and restitution. According to recent rulings, wrongdoers cannot use fluctuating prices as a defense.

Bankruptcy recovery and criminal restitution rely on the value of assets at different times: whether they were held or sold, and whether the higher value is required by law.

Courts are often called upon to make rulings driven by asset value. However, with cryptocurrency prices constantly changing, this can create a challenge.