Redressing Cryptocurrency Losses Through Negligence Claims

Redressing Cryptocurrency Losses Through Negligence Claims | New York Law Journal

In his Blockchain Law column, Robert Schwinger discusses two recent California federal court rulings-‘Terpin v. AT&T’ and ‘Fabian v. LeMahieu’-which indicate that the ability of negligence claims involving cryptocurrency thefts to survive dismissal at the pleading stage will turn on the plaintiff’s ability to adequately plead the elements of a negligence claim: duty, breach, causation and damages.