Quoine To Pay Back The Loss Incurred For Reversing Transactions

Quoine, a cryptocurrency exchange, pleads guilty of a breach in contract in regards to the exchange reversing several cryptocurrency transactions and the country’s apex court, the Court of Appeal, ruled to pay back the damages occurred for reversing truncations. The case took it took several years to reach its’s way through the legal system and it was Singapore first-ever legal case involving virtual currencies to be resolved.

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