CAYMAN ISLANDS Law and Practice Contributed by: Alan Bercow and Jae Shin, Appleby
disclosure of confidential banking information when relevant to proceedings, and explicitly permission for disclosure pursuant to statutory provisions, including the Mutual Legal Assistance (United States of Ameri - ca) Act and the Proceeds of Crime Act. 7.3 Crypto-Assets The Cayman Islands courts are well practised at granting orders in respect of crypto-assets. Although the question as to whether crypto-assets amount to property has not yet been decided by the Cayman Islands courts, decisions of the English courts that crypto-assets may be treated as property are likely to be persuasive – see, for example, AA v Persons Unknown [2020] 4 WLR 35 and D’Aloia v Persons Unknown [2025] 1 WLR 821 (in which the English High Court accepted that Bitcoin and USD Tether, respec - tively, constituted property in English law).
The Cayman Islands courts grant NPOs in crypto- fraud claims – for example, against crypto-exchanges that are subject to Cayman Islands jurisdiction – to identify the owners of wallet addresses, to identify assets, and to provide KYC information, and also grant freezing injunctions.
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