KP Law (then Keller Postman UK) was featured in The Times’ Financial & Legal Checklist, published on Saturday, 25 March 2023.
In the last year, cryptocurrency investment has transformed from being an alluring alternative to traditional stocks to a market which has suffered immense losses. Within the overall 70% loss of $2 trillion worldwide are many thousands of UK consumers who were mis-sold complex crypto derivative products, which were ultimately banned by the Financial Conduct Authority.
If you are among those who have lost money in the crypto crash, KP Law’s well-established cybercrime lawyers are leading the legal case for compensation. KP Law partner Mark Kenkre represents hundreds of traders and users of the Binance cryptocurrency platform.
Through this group action claim – the first of its kind against a cryptocurrency exchange – Mark and the investment fraud and mis-selling team can use their considerable experience to fight the corner of ordinary people and win back the funds to which they are entitled.
KP Law has a proud history of winning for clients against well-funded corporates, and battling on behalf of cryptocurrency investors is no different.
“It’s mis-selling, but it’s just a different financial entity that is mis-selling,” explained Mark. “The crypto exchanges are offering regulated products, that fall within the UK regulatory regime, so we can recover damages on their behalf.”
“We are experienced in the group claim arena, we have specialist crypto expertise enabling us to provide clients with a one-stop shop, from pulling up their trading history to attributing all the losses they have suffered and progressing the claim to them seeking redress. This is something they wouldn’t be able to do individually.”
