‘Crypto is property,’ rules Singapore court

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‘Crypto is property,’ rules Singapore court
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Singapore’s High Court has classified crypto as property in a case involving the crypto exchange Bybit.

Bybit claimed that a contractor abused their position to transfer crypto assets to personal accounts.Singapore’s High Court has classified crypto as property in a case involving crypto exchange Bybit.

The ruling says that crypto assets are enforceable through court orders and capable of being subject to a trust.

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