From SWIFT to Stablecoins: Litigating the New Payments Ecosystem

The panel will address the increasingly complex world of disputes arising from modern cross-border payments. The discussion will move beyond traditional systems to confront the challenges created by new payment rails, from instant bank transfers to digital assets like stablecoins and CBDCs. Panellists will debate the escalating issue of liability for Authorised Push Payment (APP) fraud and its digital equivalent in the crypto space. When a payment is irrevocably sent to a fraudster, who bears the loss: the sending or receiving bank, the crypto exchange, social media companies, the customer or someone else? The session will also explore the cutting edge of litigation: the unique challenges of tracing and recovering digital assets across public blockchains, the use of innovative legal tools like freezing orders against "persons unknown," and the jurisdictional chaos that ensues when assets cross borders on decentralised networks.

Lunch will be served from 1pm before the event starts.