Code on Trial: AI, Crypto and the Law in Dispute
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Where Does a Protocol Live?
Hyperliquid, Singapore and the Edge of the Regulatory Perimeter
Oct 13
•
Nick Rowles-Davies
1
Pricing a Broken Lock-Up in a Thin Market
Two DWF Labs companies have sued BitGo in London for $141mn over discounted tokens they say were sold before the lock-ups expired.
Oct 12
•
Nick Rowles-Davies
3
Five Developments and the Categories Behind Them
Code on Trial, week of 3 to 9 October 2026
Oct 10
•
Nick Rowles-Davies
1
September 2026
The Twenty-Eight Day Problem
The CFTC has begun writing the crypto market structure rules the Senate declined to enact. The Commodity Exchange Act gives it an antifraud provision…
Sep 23
•
Nick Rowles-Davies
3
Defending the Peg
Jump Trading must face the bulk of a proposed securities class action over the Terra collapse, on a ruling reported on 3 September in Patterson v…
Sep 22
•
Nick Rowles-Davies
2
The €17.5 Million Prompt
A chatbot search, a 102-metre Lürssen and the oldest question in agency law
Sep 18
•
Nick Rowles-Davies
3
Someone Else’s Legal Opinion
The Premier League, Sorare, and the reach of Part 5
Sep 17
•
Nick Rowles-Davies
1
Trading the Gap
The SDNY complaints need no securities classification. MiCA and MAR would miss the perpetual for a different reason
Sep 17
•
Nick Rowles-Davies
2
The Comparator Problem
An Illinois court has been asked to stop the state’s first-in-the-nation digital asset tax before it takes effect on 1 January 2027.
Sep 13
•
Nick Rowles-Davies
2
The Chat Log and the Expert's Method
Judge Rakoff ruled in February that a criminal defendant’s exchanges with a consumer AI chatbot were protected by neither the attorney-client privilege…
Sep 10
•
Nick Rowles-Davies
2
Three Counts Section 107 Cannot Answer
The Seattle Times and Newsday sued OpenAI and Microsoft in the Southern District of New York on 4 September.1 Seven counts, of which three are trademark…
Sep 8
•
Nick Rowles-Davies
2
Approved: Founder Liability and the Provenance Problem
Sony Music Publishing and Warner Chappell have sued Anthropic PBC and named Dario Amodei and Benjamin Mann as individual defendants.1 The corporate…
Sep 2
•
Nick Rowles-Davies
2
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