The Hong Kong High Court has recently granted proprietary remedies over bitcoins that were misappropriated by a fraudulent agent in Nico Constantijn Antonius Samara v Stive Jean Paul Dan [2022] HKCFI 1254. The victim was granted relief to recover the misappropriated bitcoins, sale proceeds and the fruits thereof. This decision suggests that bitcoins, and by … Read more

In a recent English High Court decision, Tulip Trading Limited v Bitcoin Association for BSV [2022] EWHC 2 (Ch) and [2022] EWHC 141 (Ch), the Court refused the claimant’s request for security for costs to be paid in Bitcoin. This is the first English case where a party to litigation has sought to provide security in the form … Read more

There has been a significant increase in interest in, and the use of, cryptocurrencies in recent times. Cryptocurrencies are essentially de-centralised virtual currencies, which are not linked to any particular country, nor regulated by any central bank or monetary authority. In late December 2017, the Singapore International Commercial Court (SICC) decided that the nation’s first … Read more