The DIFC Digital Economy Court has handed down an important judgment in Gate MENA DMCC (formerly Huobi OTC DMCC) and Huobi MENA FZE v Tabarak Investment Capital Limited, dismissing in full a claim arising from the loss of 300 Bitcoin during an over-the-counter cryptocurrency transaction. The Co-Head of Mishcon de Reya’s dispute resolution practice in the UAE, Bushra Ahmed, represented the defendant as junior counsel throughout the proceedings including at the first trial, before the Court of Appeal and at the retrial in February 2026, shortly prior to joining the firm.

The judgment marks the latest chapter in litigation that has spanned almost six years, involving a trial, an appeal and a five-day retrial. More importantly, it…