Tribunal requires overseas litigation funder to abide by ALF code

The UK CAT has made a Canadian funder’s compliance with key parts of the Association of Litigation Funders’ code of conduct a condition of granting a collective proceedings order in a claim alleging that four leading cryptocurrency exchanges – Binance, Bittylicious, Kraken and Shapeshift – colluded to delist cryptocurrency Bitcoin Satoshi Vision (BSV) in 2019.