The digital-asset market is slowly running into exactly the same legal questions that have shaped traditional payment law for decades: Who is liable when an inter-exchange transfer fails, is misrouted, or reaches a blocked address? Can doctrines like the Drittschadensliquidation (DSL, third-party damage liquidation) – developed in German banking law
The rapid growth of the digital asset market has brought significant legal scrutiny, particularly regarding the civil liability of crypto trading platforms for customer losses. Central to this discussion is the platform’s duty of care – a legal obligation to protect its customers’ assets and provide a secure service. European
Payvision and ING have come under scrutiny for their alleged involvement in enabling fraudulent activities conducted by individuals such as Gal Barak (the Wolf of Sofia) and Uwe Lenhoff. This report outlines the key arguments against both Payvision and ING concerning their roles in facilitating these fraudulent schemes. Payvision´s alleged
