Tag: Trusts
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ByBit Fintech Limited v Ho Kai Xin and others
What’s the case about? Is Tether “property” capable of being held on trust? Background In ByBit Fintech Limited v Ho Kai Xin and others [2023] SGHC 199, Justice Philip Jeyaretnam of the High Court of Singapore considered whether Tether (USDT) was property capable of being held on trust. The issue…
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Re Gatecoin Limited (in liquidation)
What’s the case about? Is cryptocurrency “property” under Hong Kong law? Background In the 2023 decision of Re Gatecoin Limited (in liquidation) [2023] HKCFI 914, the Court of First Instance (Hong Kong) found that cryptocurrency is “property” in Hong Kong. The liquidators of Gatecoin Limited (Gatecoin), which operated a cryptocurrency…