B2C2 Vs. Quoine: Singapore Court dismisses summary judgment

The UK based market maker, B2C2 filed case against Quoine, Singapore Cryptocurrency exchange in the matter of 3,092 bitcoins held at stake valuing $43 million. The Singapore International Commercial Court dismissed the application of summary judgment aimed to receive the court order without trial. The judge cited that law doesn’t provide for errors made by computers and added that plaintiff’s response to the defendant’ arguments are not sufficient to deny trail.

Leave a Reply

Your email address will not be published. Required fields are marked *