Are there any specific estoppel doctrines that are unique to the cryptocurrency market?

3 answers

• Jan 27, 2022 · 3 years ago
  In the cryptocurrency market, there are several estoppel doctrines that have unique implications for legal disputes. One such doctrine is promissory estoppel, which can arise when a party makes a promise related to a cryptocurrency transaction and the other party relies on that promise to their detriment. Another doctrine is quasi-estoppel, which can prevent a party from taking a position in a legal dispute that is inconsistent with their previous conduct or statements related to cryptocurrency. These estoppel doctrines can play a significant role in shaping the outcomes of legal disputes in the cryptocurrency market.
  625313
• Jan 27, 2022 · 3 years ago
  Estoppel doctrines in the cryptocurrency market can have a significant impact on legal disputes. For example, the doctrine of equitable estoppel can be invoked when one party has made a representation or promise related to a cryptocurrency transaction and the other party has relied on that representation or promise to their detriment. This can prevent the party who made the representation or promise from denying its truth or validity in a legal dispute. Other estoppel doctrines, such as proprietary estoppel and estoppel by convention, may also have unique applications in the cryptocurrency market, depending on the specific circumstances of the case.
  657219
• Jan 27, 2022 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, has observed that estoppel doctrines can have unique implications in the cryptocurrency market. For instance, the doctrine of estoppel by silence may be particularly relevant in cases where a party fails to disclose material information related to a cryptocurrency transaction, leading the other party to rely on their silence. This can create a legal obligation for the silent party to honor the transaction or face potential legal consequences. Estoppel doctrines are an important consideration in the cryptocurrency market and can significantly impact the outcomes of legal disputes.
  628157