Can a Minor's Crypto Transaction Be Legally Rescinded? ⎊ Path

Can a Minor’s Crypto Transaction Be Legally Rescinded?

Yes, in most jurisdictions, a contract entered into by a minor is voidable at the minor's option. If a minor uses a crypto wallet to enter a smart contract, they generally have the legal right to disaffirm the transaction and demand the return of funds.

Proving the user's age and compelling the return of funds from an anonymous wallet remains a practical difficulty.

How Does a Legal Entity (Like a Corporation) Demonstrate Capacity to Use a Smart Contract?

Can the Execution of a Smart Contract Imply a Separate Legal Agreement?

How Does the Lack of a Central Entity Complicate the Enforcement of Anti-Front-Running Measures in DeFi?

Can a Contract Be Voided If One Party Lacks ‘Capacity’?

What Is a ‘Hard Fork’ and How Can It Be Used as a Defense against a Persistent 51% Attacker?

What Is the Practical Limit to How High the Mining Difficulty Can Be Set?

What Is the Difference between “Soft Slashing” and “Hard Slashing”?

What Are the Risks of Using a Compromised Computer with a Hardware Wallet?

Glossar

Smart Contract

Code ⎊ The contract is fundamentally self-executing code deployed on a distributed ledger, embodying the terms of the agreement in an immutable format.