Published on: 26 November 2025
Published by a Law360 reporter
The inquiry, centred on allegations of fraud and money laundering linked to the collapse of Basis Markets, signals the SFO now feels it possesses the technical expertise to grasp blockchain mechanics. However, practitioners caution that, if charges follow, the matter will test investigators more familiar with traditional financial statements.
'Successfully investigating, evidencing and prosecuting cryptocurrency and other digital assets enabled offences requires a high level of blockchain expertise and the ability to properly analyse the movement between crypto and fiat currencies', Lloyd Firth, a partner at WilmerHale, said.
The surge in crypto-assets, a market that is currently valued at £2.3trn globally, has forced law enforcement agencies to keep pace with fraudsters who exploit the complexity and ease of the mostly unregulated industry to scam investors. Dan Hudson, a partner at Seladore Legal, said that cryptocurrency should be seen as a 'growth area' for law enforcement...
When evaluating a general damages claim, the practitioner ought initially to refer to the Judicial College Guidelines (JCG)...
This Practice Note This Practice Note reviews mechanisms used in settling litigation. A Tomlin order consists of a consent order paired with a schedule. It operates to stay proceedings on terms that have been agreed. The provisions contained in the schedule may remain confidential. This Practice Note describes the scope of confidentiality attaching to the schedule and sets out how it differs from a standard consent order. Sample wording for a Tomlin order is included, alongside links to precedents, as well as guidance on court approval. It also addresses varying, setting aside and enforcing a Tomlin order, including the considerations the court will take into account when handling applications for each. Further guidance is provided on interpreting and applying the relevant provisions of the CPR; however, some courts and divisions impose very specific requirements for both drafting and approval, and for approaching the schedule and confidentiality issues. Accordingly, you must consider the particular rules and court guide provisions in the forum where your claim is proceeding when drawing up the Tomlin order...
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