Knowledge & Insights

Guide to tracing, freezing and recovering stolen cryptoassets

Not one day goes by without cryptoassets being in the news. Cryptoassets are becoming the common target of fraud, be it ransomware demands made arising from cybersecurity breaches, scams, or thefts by hackers.

How can one trace, freeze and recover cryptoassets lost? How different is this from the recovery of traditional assets? We review the options available for victims of crypto fraud, and discuss the recent decision of the General Division of the Singapore High Court in CLM v CLN & Ors [2022] SGHC 46 and its implications.

If you would like information or assistance on the above or any other area of law, you may wish to contact the Partner at WongPartnership whom you normally work with or any of the following Partners:

Wendy LIN
Partner – Commercial & Corporate Disputes
d +65 6416 8181
e wendy.lin@wongpartnership.com
Click here to view Wendy's CV.

LEOW Jiamin
Partner – Commercial & Corporate Disputes
d +65 6416 8136
e jiamin.leow@wongpartnership.com
Click here to view Jiamin's CV.