Crypto Product Claims
The popularity of crypto and cryptocurrency investment has grown exponentially in recent years. Many crypto exchanges and platforms have moved beyond acting as mere crypto trading facilitators and now offer a wide variety of financial products.
These financial products are often based on, or secured by, crypto assets. Some of the most common products – often generically referred to as 'derivatives' – include:
- Crypto futures
- Crypto leveraging
- Crypto options
- Crypto credit lines / borrowing
- Crypto farming
- Crypto staking / rewards
However, as the popularity of crypto has continued to increase, there has been a similar rise in the number of crypto-investors who have reported substantial financial losses as a result of investing in these types of products.
The potential losses can be significant and in many cases, well above those which are suffered during the normal trading of crypto. This is primarily due to the ability to create significant leverage through selected crypto-related financial products.
While many cryptocurrency platforms' terms and conditions are likely to state that they have no liability for any losses suffered by their customers, this does not mean that affected individuals and businesses cannot bring forward a compensation claim if they have lost out on their investment, or they believe they are a victim of a crypto scam.
At Hayes Connor, our cryptocurrency investment solicitors are able to assist individuals and businesses in recovering losses they have suffered. We carefully investigate crypto-related financial products and identify where the sale of such products may give rise to a claim against an exchanges and/or where there may be instances of cryptocurrency scams or cryptocurrency fraud. This is the case even in situations where the terms and conditions of a platform purport to exclude liability.
Why work with Hayes Connor?
At Hayes Connor, our expert team have specialist expertise in supporting individuals and businesses to recover crypto-related financial losses and are ready to receive instructions from anyone who believes that they may have a claim.
No matter what your individual circumstances may be, our team always strive to make the entire claims process as straightforward and stress-free as possible, while also securing you the maximum available compensation. Our legal experts have an excellent track record of securing extremely positive results for our clients, often without the need for court proceedings.
Where our team believe that you have a claim, we may be able to act for you on a no win, no fee basis. This means that the personal financial risk of making a claim is removed altogether.
Start a crypto investment claim today
Think you are entitled to compensation after suffering from cryptocurrency investment losses? Use our simple and secure online claim form to inform us of the details of your situation, and our team will get back to you shortly to let you know whether we can help.
To speak to a member of our team about what to do if you believe that you have a claim, please call us on 0330 041 5137.