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3 July 2025

Crypto Scams: What Are Your Legal Defense And Guide To Avoid Being Scammed (Video)

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Dr. Hassan Elhais

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Dr. Hassan Elhais, a long-standing member of the prestigious Amal Alrashedi Lawyers & Legal Consultants, is a renowned legal consultant in the UAE, specializing in family law, criminal law, civil law, company incorporation, construction law, banking law, inheritance law, and arbitration. Dr. Elhais has gained wide recognition in the country, winning numerous awards and accolades. He was declared the Legal Consultant of the Year in 2016 by Professional Sector Network. He was also elected as the co-chair of the ‘Relocation of Children Committee’ of the International Academy of Family Lawyers (IAFL), a worldwide association of practicing lawyers, widely regarded as the most experienced and skilled family law specialists in their respective countries. Dr. Hassan Elhais’s continued recognition in the 2024 Chambers and Partners rankings for Family/Matrimonial services to High-Net-Worth individuals in the UAE from 2022-2024.
Crypto scams - What are your legal defense and guide to avoid being scammed?
United Arab Emirates Technology
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Crypto scams - What are your legal defense and guide to avoid being scammed?

A cryptocurrency can be understood as a digital currency that can be used to buy goods and services functioning on blockchain technology and online ledger record.

The most attractive benefits that crypto's offer is its decentralization, avoidance of banking fees, speedy transactions, and high level of confidentiality in comparison to the traditional transaction model. Blockchain technology has now progressed even further to add in smart contract functionalities that are proposed to be revolutionary at best.

Originally published 7 Dec 2021

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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