Study on Dispute Resolution of Tort Liability Disputes between Digital Currency Platforms and Users Case Analysis in China and Abroad

Abstract

Numerous tort liability disputes have arisen from individuals registering to use digital currency trading platforms and investing in digital currencies in China. This paper mainly adopts the case analysis method and comparative research method through the analysis of the current situation and controversial focus issues of judicial rulings on tort liability disputes between digital currency platforms and users in China, combined with classic overseas cases, summarizes the lessons learned and put forward the proposed ideas for improving the comprehensive governance of digital currency. The study finds that the focal issues of disputes over tort liability between digital currency platforms and users include, but are not limited to, the definition of the nature of the digital currency, the compensation obligations of digital currency platforms, and the damage compensation methods of digital currency transactions. The dilemma of the judicial ruling is due to the incomplete legal system and inconsistent policy interpretation on the one hand and influenced by the macro regulatory attitude on the other. The experience of classic overseas cases in this paper can provide China with improvement ideas to a certain extent.