Identifying the proceeds of electronic money fraud
eCash by DigiCash is one of a range of software-based systems devised for payments to be made over the Internet by the use of electronic tokens or "coins" (known colloquially as "electronic money"). As in the case of other new electronic systems, the functioning of the system gives rise to novel and difficult legal issues, some of which have yet to be resolved. This article will consider the extent to which a user of the system whose value is stolen may use the common law and equitable tracing rules as a means of taking action against the perpetrator of the fraud.
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