UK Court of Appeal to hear Tulip Trading’s case on legal duties owed by blockchain developers
The U.S. Court of appeal will hear tulip trading's case on the legal liability of blockchain real estate developers, and can explicitly appeal against the high court's decision to revoke the case due to lack of regional jurisdiction.
When granting the approval, the court of Appeal said that the problem of whether the real estate developers should bear the duty of care and / or the obligation of private placement fund to the data asset owners "is quite important, which is scientifically described as a complicated and difficult problem." tulip sales will be allowed to fabricate lies in the court of appeal, and the chief judge of the high court, Falk, made a mistake in judging that there is no major problem with this issue.
Dr. Wright believes that developers are responsible for the behavior of those who use and rely on blockchain technology. In 2020, Dr. Wright's wireless network was invaded by hackers, which made him unable to access 111000 BTCs. He filed a lawsuit to prove the existence of this obligation and drive the developers of blockchain technology to return BTCs to him and many other people with similar influence.
13 of the 16 developer defendants, including the developers of BTC, BCH, BCH and ABC blockchain technologies, tried to withdraw the lawsuit due to lack of regional jurisdiction. In particular, in their view, the successful market prospect shown by Dr. Wright is only a kind of "imagination". There is no good and controversial example to show that the lawsuit belongs to a set of defined territorial jurisdiction "portal", and the UK is not the best place to hear the lawsuit.
Judge Falk felt that the real estate developers were right. She found that Wright had not confirmed the existence of a thorny problem, that is, the existence of import tariffs.
That is, the tulip sale has been approved for appeal, and both parties will hold a hearing system. It is incorrect for judge Falk to allow the doubt. If so, the case will be allowed to proceed. The court is expected to hold a two-day hearing system, and the time of the hearing system will also be notified to each other under appropriate circumstances.