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Singapore Appeals Court Rejects Quoine Appeal In First Legal Dispute Involving Cryptocurrency

Janelle Fox

Summary: In Singapore’s first legal dispute involving cryptocurrency, the Singapore Court of Appeals ruled that virtual currency exchange Quoine must pay damages to electronic market maker B2C2. According to a report from The Straits Times on Feb. 24, the court dismissed Quoine’s appeal, in which they claimed that it was allowed to unilaterally terminate the orders due ...

In Singapore’s first legal dispute involving cryptocurrency, the Singapore Court of Appeals ruled that virtual currency exchange Quoine must pay damages to electronic market maker B2C2.

According to a report from The Straits Times on Feb. 24, the court dismissed Quoine’s appeal, in which they claimed that it was allowed to unilaterally terminate the orders due to such comprising a mistake.

By Janelle Fox

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Link: Singapore Appeals Court Rejects Quoine Appeal In First Legal Dispute Involving Cryptocurrency   [Copy]
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