Cyberaxle Limited & Anor v Morteza Moosavi

Cyberaxle Limited & Anor v Morteza Moosavi

Cyberaxle was party to the mining agreement and entitled to 25% of mined cryptocurrency; 40 Ethereum belonged to Cyberaxle and was wrongly transferred by Mr Moosavi; no agreement existed for increased salary and Mr Moosavi was overpaid.

Parties
Claimant: Cyberaxle Limited; Claimant: Vanessa Manasseh; Defendant: Morteza Moosavi
Jurisdiction
England and Wales
Judgment Date
28 May 2025
Procedural Posture
Civil / Trial Judgment
Outcome
Claimants succeed on all claims.
Legal Topics
Oral Contract Formation, Cryptocurrency Mining, Director's Duties, Salary Dispute, Ownership of Digital Assets
Company Law Contract Law Employment Law Property Law Oral Contract Formation Cryptocurrency Mining Director's Duties Salary Dispute +1 more

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Parties

Cyberaxle Limited

Claimant

Vanessa Manasseh

Claimant

Morteza Moosavi

Defendant

Procedural Posture

Civil / Trial Judgment

Legal Issues

  1. 1 Whether Cyberaxle or Mr Moosavi was entitled to 25% of cryptocurrency mined under oral agreement with Land Logical
  2. 2 Ownership of 40 Ethereum transferred between wallets
  3. 3 Whether Mr Moosavi was entitled to increased salary

Ratio Decidendi

Cyberaxle was party to the mining agreement and entitled to 25% of mined cryptocurrency; 40 Ethereum belonged to Cyberaxle and was wrongly transferred by Mr Moosavi; no agreement existed for increased salary and Mr Moosavi was overpaid.

Court Disposition

Claimants succeed on all claims.

Orders

  • Declaration that Cyberaxle is entitled to 25% of cryptocurrency mined under the Land Logical agreement.
  • Declaration that 40 Ethereum belongs to Cyberaxle and was wrongly transferred by Mr Moosavi.