Siddartha Rao Nicole Haff

Siddartha Rao Nicole Haff

February 10, 2023 | New York Law Journal

A Currency by Any Other Name? Damages Valuations in Cryptocurrency Disputes

When liability is fixed in virtual currency, can judgment issue in that currency? If not, how should currency be converted into dollars? These simple questions have complex answers, at the nexus of which is Section 27 of New York's Judiciary Law. The unsettled application of this statute to virtual currencies has serious consequences for litigants.

By Siddartha Rao, Nicole Haff and Olivia Loftin

8 minute read