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Articles by Jaak Poldma
UK's Context-Based AI Regulation Framework: The Government's Response | JD Supra
March 1, 2024 Tim Hickman, Aishwarya Jha, Jaak Poldma, Jenna Rennie White & Case LLP + Follow x Following x Following - Unfollow Contact To embed, copy and paste the code into your website or blog: White & Case Tech Newsflash In March 2023, the UK government published the AI Regulation White Paper (the White Paper), setting out its proposed regulatory framework for AI.1 Unlike the EU's AI Act, which will create new compliance obligations for a range of AI actors (such as providers, importers,...
Is decentralised governance of bitcoin really a myth? The fiduciary duties of cryptoasset software developers is a serious issue to be tried | JD Supra
White & Case Tech Newsflash "If the decentralised governance of bitcoin really is a myth, then in my judgment there is much to be said for the submission that bitcoin developers, while acting as developers, owe fiduciary duties to the true owners of that property."1 The long-awaited Tulip Trading appeal judgment is out and the English Court of Appeal has found in favour of Tulip Trading Limited, reversing the first instance decision.
Offshore cryptocurrency exchange obtains clarity from the English High Court on ownership and control of trading account | JD Supra
In HDR v Shulev and Nexo, the High Court considered the entitlement to a cryptocurrency trading account, and the ownership of its contents, as part of stakeholder proceedings brought under CPR 86 by the operator of a cryptocurrency exchange.1 Stakeholder Applications Stakeholder applications (made under CPR 86) are used as a means of determining entitlement to money or goods held by an entity that does not itself have a claim to the money or goods.
High Court: Recipient bank not unjustly enriched by fraudulent payment | JD Supra
In Tecnimont Arabia Limited v National Westminster Bank plc, the High Court considered the extent of a bank's liability to victims of fraud who were not direct customers.1 The High Court found that the bank had not been unjustly enriched as the recipient of a fraudulent payment.
Dragged to the U.S. Courts (Part 1): Jurisdiction and the Location of Blockchain Nodes | Lexology
Following the 2017 ICO boom and the more recent declines in cryptocurrency prices, blockchain-related litigation has substantially increased. U.S. courts have seen most of that action: American regulatory agencies have been more aggressive than their foreign counterparts (the SEC alone has over 200 open investigations), and private parties regularly bring individual suits and class actions. Altogether, close to 100 cases have been filed.
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