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UK High Court Limits Tort Actions for Crypto Asset Recovery

In *Ping Fai Yuen v Fun Yung Li & Anor* [2026] EWHC 532 (KB) decided on 10 March 2026, Mr Justice Cotter confirmed that the torts of conversion and trespass to goods are unavailable for recovering Bitcoin, despite the Property (Digital Assets etc) Act 2025 granting digital assets property status. The court struck out the conversion and trespass claims but permitted the claimant to amend to pursue proprietary restitution, unjust enrichment, and constructive trust as alternative remedies for allegedly stolen cryptocurrency.