“This article has been produced by an independent contributor and does not reflect the views and opinions of the Immediation team or the brand as a whole.”
Crypto disputes come in many forms, but they often center around two key issues: the ownership of crypto assets and the validity of crypto transactions.
When it comes to ownership, crypto disputes can arise when someone tries to claim ownership of an asset that doesn’t belong to them. For example, if someone tries to claim ownership of a crypto wallet that they don’t actually have the private key for, this can lead to a dispute.
Similarly, if two people claim ownership of the same crypto asset, this can also lead to a dispute. Validity disputes usually occur when someone challenges the legitimacy of a crypto transaction. For example, if someone claims that a transaction was made using a stolen credit card, this can lead to a dispute.
Crypto disputes can be complex and time-consuming to resolve, so it’s important to seek experienced legal help if you find yourself involved in one.
Mediation is a process that can be used to resolve disputes between parties without going to court. It is a voluntary process that is confidential and informal, and it requires the agreement of both parties to participate.
Mediation can be used to resolve any number of disputes, including those related to investments.
Crypto investors may find mediation to be a valuable tool for resolving disputes with other investors, exchanges, or service providers. Mediation offers a number of benefits, including the chance to come to a resolution without incurring the costs of litigation.
In addition, mediation can provide a forum for open communication and collaboration that can help to build trust and understanding between parties. Those who are interested in using mediation to resolve a dispute should seek out a qualified mediator who has experience dealing with crypto-related disputes.
Mediation may not be right for every situation, but it is an option that crypto investors should keep in mind.
Are you facing the prospect of mediation yourself?
The team of legal and technical experts at Immediation are here to help guide you through the mediation process and reach the best possible outcome. You can do it 100% online or opt to use a managed service where the Immediation personnel do everything for you, from start to finish.
Mediation is a good first step in the dispute resolution process. It’s Immediation’s goal to help you sustain your business relationships, while resolving the matter quickly and professionally.
Want to know more, or enquire about your business dispute? Simply fill out the form on the contact page and they’ll be in touch.