Crypto contract breach damages clarified by Delaware Court
May 25, 2022
Given the volatility in value of cryptocurrency tokens, how should damages for failing to deliver promised tokens be calculated? A recent Delaware Superior Court ruling in Diamond Fortress Techs., Inc. v. EverID, Inc., 2022 WL 1114528, 2022 Del. Super. LEXIS 151 (Del. Super. Ct. Apr. 14, 2022), provides some answers to this "novel" question.